Halliburton: Here’s What Investors Need to Know Before Earnings
Halliburton (NYSE:HAL) will report earnings before markets open on Monday, April 22nd. Halliburton Company provides energy services and engineering and construction services, as well as manufactures products for the energy industry. The Company offers services and products and integrated solutions to customers in the exploration, development, and production of oil and natural gas.
Here is your Cheat Sheet to Halliburton Earnings:
Earnings Expectations: Analysts expect earnings of $0.57 per share on revenues of $6.89 billion. Currently, the company’s P/E ratio stands at 13.33.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.69 to a profit $0.7. For the current year, the average estimate is a profit of $3, which is better than the estimate ninety days ago.
Here’s how Halliburton has been performing on an annual basis:
|Revenue ($) in millions||18,280||14,680||17,970||24,830||28,500|
|Diluted EPS ($)||2.45||1.27||2.01||3.08||2.84|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||7,064||6,868||7,234||7,111||7,290|
|Diluted EPS ($)||0.98||0.68||0.79||0.65||0.72|
Halliburton has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)