Halliburton Faces Earnings Decline Ahead of Q4 Report

Halliburton Company is set to report its fourth-quarter earnings. Analysts anticipate a profit decline per share, raising concerns over revenue growth. In the wake of a significant year-over-year drop in shares, investor sentiment may be affected.

Date: 04-01-2025

AI Rating: 5

**Earnings Per Share (EPS)**: Halliburton's upcoming report is expected to show a profit of $0.70 per share, which represents a decrease of 18.6% from the previous year's $0.86. Analysts are also projecting the EPS for fiscal 2024 to be $2.99, a drop of 4.5% from $3.13 in fiscal 2023. However, there is an expectation for a rebound in fiscal 2025, with EPS projected to be $3.05, indicating a modest increase of 2% year-over-year.

**Revenue Growth**: Halliburton's Q3 revenue was reported at $5.7 billion, which fell short of analysts' expectations of $5.83 billion and marked a 1.8% year-over-year decline. This trend of declining revenue may cause concern among investors and could negatively affect stock performance.

**Impact on Stock Prices**: Halliburton has experienced a significant drop in shares, down 23.2% over the past year, while the S&P 500 Index showcased a 23.7% gain in the same time frame. This underperformance may indicate investor unease that could influence future stock prices. An inability to meet revenue expectations, coupled with declining EPS forecasts, may further dampen investor confidence.

Despite the current challenges, there is a consensus opinion on the stock that remains moderately bullish. With a strong buying recommendation from 17 out of 25 analysts, and an average price target suggesting a potential upside of 32.8% from current levels, there remains a foundation for cautious optimism regarding future valuation. However, the immediate outlook will depend heavily on the accuracy of the upcoming earnings report and broader market conditions.

Stocks: HAL