Halliburton Sees International Business 10% Revenue Growth For The Full Year, Expects North America Revenue To Decline 6%-8% YoY
Portfolio Pulse from Benzinga Newsdesk
Halliburton projects a 10% revenue growth in its international business for the full year, while expecting a 6-8% year-over-year decline in North America revenue.
July 19, 2024 | 12:44 pm
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Halliburton anticipates a 10% revenue growth in its international business for the full year, but expects a 6-8% decline in North America revenue year-over-year.
The positive outlook for international revenue growth is offset by the expected decline in North America revenue. This mixed forecast may result in a neutral short-term impact on Halliburton's stock price as investors weigh the growth in international markets against the decline in North America.
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