Halliburton Q1 2024 Adj EPS $0.76 Beats $0.74 Estimate, Sales $5.804B Beat $5.668B Estimate
Portfolio Pulse from Benzinga Newsdesk
Halliburton (NYSE:HAL) reported Q1 2024 adjusted EPS of $0.76, surpassing the $0.74 estimate, and sales of $5.804B, exceeding the $5.668B estimate. This represents a 5.56% increase in earnings and a 2.24% increase in sales over the same period last year.
April 23, 2024 | 10:47 am
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Halliburton reported a Q1 2024 adjusted EPS of $0.76, beating estimates, and sales of $5.804B, also above expectations. Year-over-year, earnings and sales saw increases of 5.56% and 2.24%, respectively.
Beating both earnings and sales estimates indicates strong financial health and operational efficiency, which is likely to positively influence investor sentiment and stock price in the short term. The year-over-year growth in earnings and sales further reinforces the company's upward trajectory, making it an attractive asset for investors.
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