Apr 23, 2013: Here is a quick snapshot of Halliburton Co (HAL)'s top and bottom line results.
Q1 2013 Quarterly Results:
- Highlights: Revenue almost flat but beating analyst expectations slightly; Decline in Income; Reported loss from continuing operations for Q1 2013.
- Total Revenue: Halliburton Co (HAL) reported $7.0B in Total Revenue for Q1-2013, almost flat compared to the $6.9B reported last year. Revenue beat average analyst expectations of $6.88B by about 1.74%
- Net Income: HAL's Income from continuing operations came in at $624M, a 24.45% decline from the $826M reported last year. The company reported a loss of $13M for Q1-2013, compared to income of $635M from continuing operations last year.
- EPS/Diluted: EPS/D was $0.76/diluted share compared to $0.89/diluted share last year – a 14.6% decline. Average Earnings estimated by analysts was $0.57.
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MarketConsensus Stock Analysis Team