Halliburton's Stock Slumps After Revenue Miss Despite EPS Meeting

Halliburton Company faces stock challenges as it meets EPS expectations but misses revenue targets. Shares fell 3.6%, reflecting investor concerns.

Date: 20-03-2025

AI Rating: 5

**Earnings Per Share (EPS)**: Halliburton Company reported its Q4 earnings at $0.70 per share, successfully meeting Wall Street expectations. However, the positive aspect of meeting EPS is overshadowed by other financial metrics.

**Revenue Growth**: The company reported a revenue of $5.6 billion, which was below the expectations of analysts, indicating potential struggles in growth. This revenue shortfall was chiefly attributed to lower stimulation activity in North America and reduced pressure pumping services in Latin America, leading to a significant revenue decline of 13% in North America.

**Stock Performance**: Over the last 52 weeks, Halliburton has performed poorly, with its stock price dropping 33.7%, significantly lagging behind the Dow Jones' 7.2% rise during the same period. Additionally, the stock has been trading below both its 50-day and 200-day moving averages, signaling continued weakness in momentum and potential investor confidence.

Despite these negative indicators, there remains a cautious optimism among analysts, with a consensus rating of 'Moderate Buy' from the 25 analysts covering the stock. This could indicate potential recovery or undervaluation, but it hinges on the company's ability to improve revenue performance moving forward.

Investors should also note the contrasting performance of Baker Hughes Company, which has seen a 34.9% increase in share price over the past year, suggesting competitive pressures in the sector.

Stocks: HAL BKR