The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Halliburton's revenues will expand 9.5% and EPS will wane -27.7%.
The average estimate for revenue is $7.17 billion. On the bottom line, the average EPS estimate is $0.68.
Last quarter, Halliburton logged revenue of $7.23 billion. GAAP reported sales were 22% higher than the prior-year quarter's $5.94 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.80. GAAP EPS of $0.79 for Q2 were 1.3% lower than the prior-year quarter's $0.80 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 17.5%, 320 basis points worse than the prior-year quarter. Operating margin was 16.6%, 300 basis points worse than the prior-year quarter. Net margin was 10.2%, 230 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $28.60 billion. The average EPS estimate is $3.12.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Halliburton is outperform, with an average price target of $44.70.
Is Halliburton the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Halliburton to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Halliburton Company. Motley Fool newsletter services recommend Halliburton Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
U.S. Silica's Impressive Q3 Earnings Sent Shares Up 10% in November
Better-than-expected results, coupled with plans to grow the business, have investors thinking twice about this frack sand supplier.
3 Top Fracking Stocks to Consider Buying Now
These oil-field service companies and a frack sand provider could fuel big gains for investors as fracking activities rebound.
5 Things Halliburton's Management Thinks You Ought to Know
If you want to invest in oil and gas, read what Halliburton's management team has to say first.