Halliburton Announces First Quarter 2018 Results

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Halliburton (HAL) Reports In-Line Q1 EPS

April 23, 2018 6:46 AM EDT

Halliburton (NYSE: HAL) reported Q1 EPS of $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $5.7 billion versus the consensus estimate of $5.75 billion.

We achieved total company revenue of $5.7 billion, representing a 34% increase compared to the first quarter of 2017. Adjusted operating income was $619 million, primarily driven by robust market conditions in North America, remarked Jeff Miller, President and CEO.

Our Completions and Production division was negatively impacted by delays... More