Halliburton: Here’s What Investors Need to Know Before Earnings

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Halliburton (NYSE:HAL) will report earnings before markets open on Monday, July 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 $0.73 per share on revenues of $7.26 billion. Currently, the company’s P/E ratio stands at 20.57.

Analyst Trends:

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 $0.81 to a profit $0.85. For the current year, the average estimate is a profit of $3.19, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Halliburton has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 18,279 14,675 17,973 24,829 28,503
Diluted EPS ($) 1.70 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 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 7,234.00 7,111.00 7,290.00 6,974.00
Diluted EPS ($) 0.79 0.65 0.72 -0.02

Past Performance:
Halliburton has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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