Houston, Texas-based Halliburton Company ( HAL ) is one of the largest oilfield service providers in the world, offering a variety of equipment, maintenance, and engineering and construction services to the energy, industrial, and government sectors.
Currently, Halliburton has a Zacks Rank #3 (Hold) but that could change following its second quarter 2015 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:
Earnings: Halliburton beats on earnings. Earnings per share from continuing operations (excluding special items) came in at 44 cents, above the Zacks Consensus Estimate of 29 cents.
Revenue: Revenues of $5,919 million came above the Zacks Consensus Estimate of $5,875 million.
Key Stats: Operating income in the Completion & Production segment decreased by almost 65% from the year-earlier quarter to $313 million. Moreover, for the Drilling & Evaluation unit it decreased 3.4% to $400 million.
Stock Price: Following the earnings release, Halliburton has increased 3.7% in the pre-market trading session.
Check back later for our full write up on this Halliburton earnings report later!