Halliburton (HAL) got here out with quarterly earnings of $0.34 per share, in keeping with the Zack
Halliburton (HAL) got here out with quarterly earnings of $0.34 per share, in keeping with the Zacks Consensus Estimate. This compares to earnings of $0.50 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
1 / 4 in the past, it was anticipated that this supplier of drilling companies to grease and fuel operators would publish earnings of $0.30 per share when it truly produced earnings of $0.35, delivering a shock of 16.67%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
Halliburton, which belongs to the Zacks Oil and Fuel – Subject Companies business, posted revenues of $5.55 billion for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 4.96%. This compares to year-ago revenues of $6.17 billion. The corporate has topped consensus income estimates two occasions over the past 4 quarters.
The sustainability of the inventory’s instant value motion based mostly on the recently-released numbers and future earnings…