Halliburton Q2 Adj. EPS $0.77 Beats $0.75 Estimate, Sales $5.80B Miss $5.86B Estimate
Portfolio Pulse from Benzinga Newsdesk
Halliburton (NYSE:HAL) reported Q2 earnings of $0.77 per share, beating the analyst consensus estimate of $0.75 by 2.67%. However, the company's quarterly sales of $5.80 billion missed the analyst consensus estimate of $5.86 billion by 1.06%. The earnings represent a 57.14% increase from the same period last year, while the sales represent a 14.27% increase.
July 19, 2023 | 10:46 am
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Halliburton's Q2 earnings beat estimates but sales missed. This mixed result could lead to uncertain short-term price movements.
Halliburton's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. This mixed result could lead to uncertain short-term price movements.
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