Halliburton Company Earnings Preview: Analysts Expect Rising Revenue

Halliburton Company HAL earnings are right around the corner! Don't be caught off-guard: The company unveils its next round of earnings this Monday, July 18, 2011.

Need to brush up a bit ahead of Monday's announcement? We've got just the thing. Here's your essential guide to Halliburton Company's second quarter earnings report.

Let's Do the Numbers:

Based on estimates, investors are readying for a positive EPS reading of 71 cents per share and revenues of $5.65 billion. Can Halliburton Company manage the estimated 207% rise in EPS and 129% increase in revenues 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	Q1	Q4	Q3	Q2
EPS Estimate	58 cents	63 cents	56 cents	37 cents
EPS Actual	61 cents	68 cents	58 cents	52 cents

Stock Performance:

Shares of Halliburton Company were trading at $52.22 as of July 12, 2011. Since January 1st, shares of Halliburton Company have given investors a return of 28.4%.

Average Stock Rating:

The average rating by analysts for Halliburton Company is a Moderate Buy. Over the past three months this rating's strength has declined slightly.

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 $0.87 recent quarter EPS
• Cameron International CAM: Moderate Buy with a $0.46 recent quarter EPS
• National Oilwell Varco NOV: Moderate Buy with a $1.0 recent quarter EPS

The oil services company's industry has seen price/earnings growth of 1.9% during the current fiscal year.

Finally, a description of the main business areas of the company, in case you need a little refresher: Halliburton Company provides oilfield technologies and services to upstream oil and gas customers worldwide.

Take Action:

Now that you've gotten an advanced peak at Halliburton Company's upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.

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