Halliburton Company Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Halliburton Company (NYSE:HAL) will unveil its latest earnings on Monday, January 23, 2012. Halliburton provides oilfield technologies and services to upstream oil and gas customers worldwide.

Halliburton Company Earnings Preview Cheat Sheet.

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 99 cents per share, a rise of 45.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1. Between one and three months ago, the average estimate moved down. It has been unchanged at 99 cents during the last month. Analysts are projecting profit to rise by 62.1% versus last year to $3.34.

Past Earnings Performance: Last quarter, the company beat estimates by 2 cents, coming in at profit of 94 cents a share versus the estimate of net income of 92 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 32% in revenue from the year-earlier quarter to $6.81 billion.

Analyst Ratings: Analysts are bullish on this stock with 25 analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the third quarter, profit rose 25.6% to $683 million (74 cents a share) from $544 million (60 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 40.4% to $6.55 billion from $4.67 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 39%, with the biggest boost coming in the first quarter when revenue rose 40.4% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose 54% in the second quarter and more than twofold in the first quarter.

Competitors to Watch: Baker Hughes Incorporated (NYSE:BHI), Schlumberger Limited. (NYSE:SLB), Weatherford Intl. Ltd. (NYSE:WFT), Cameron Intl. Corp. (NYSE:CAM), Complete Production Services, Inc. (NYSE:CPX), TETRA Technologies, Inc. (NYSE:TTI), RPC, Inc. (NYSE:RES), Helix Energy Solutions Group Inc. (NYSE:HLX), Oceaneering International (NYSE:OII), and National-Oilwell Varco, Inc. (NYSE:NOV).

Stock Price Performance: During November 16, 2011 to January 17, 2012, the stock price had fallen $5.04 (-13%) from $38.90 to $33.86. The stock price saw one of its best stretches over the last year between April 12, 2011 and April 26, 2011 when shares rose for 10-straight days, rising 12.4% (+$5.59) over that span. It saw one of its worst periods between November 16, 2011 and November 25, 2011 when shares fell for seven-straight days, falling 18.5% (-$7.19) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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