Earnings Preview: Halliburton Company's EPS, Revenue Expected to Rise

Halliburton Company HAL releases its next round of earnings this Monday, October 17, 2011. Here is Benzinga's everything-that-matters guide for this Monday's third quarter earnings announcement.

Earnings and Revenue:

Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 92 cents/share and revenues of $6.38 billion. Halliburton Company's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 58 cents/share on revenues of $4.66 billion. Can Halliburton Company manage the estimated 58.6% rise in EPS and 36.9% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Monday to find out.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q2	Q1	Q4	Q3
EPS Estimate	$0.72	$0.58	$0.63	$0.56
EPS Actual	$0.81	$0.61	$0.68	$0.58

Stock Performance:

As of October 11, 2011, Halliburton Company's current share price was $35.48. Since January 1st, shares of Halliburton Company have declined 12.6%. For a full 12 months, the return has risen by 24.5%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Halliburton Company is a Moderate Buy. The strength of this rating has crept upwards over the past three months.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Halliburton Company's peers.

• Baker Hughes BHI: Moderate Buy with a $0.93 recent quarter EPS
• Cameron International CAM: Moderate Buy with a $0.66 recent quarter EPS
• Complete Production Services CPX: Moderate Buy with a $0.69 recent quarter EPS
• Helix Energy Solutions Group HLX: Hold with a $0.39 recent quarter EPS

Halliburton Company is in the oil-field services industry, which has experienced price/earnings growth of 4.5%.

Finally, a description of the company's main areas of operation: Halliburton provides oilfield technologies and services to upstream oil and gas customers worldwide.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming Halliburton Company earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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