Halliburton Announces Second Quarter 2018 Results

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Halliburton (HAL) PT Lowered to $54 at RBC Capital

July 23, 2018 1:14 PM EDT

RBC Capital lowered its price target on Halliburton (NYSE: HAL) to $54.00 (from $65.00) while maintaining an Outperform rating.

Despite the cut, analyst Kurt Hallead said the company remains well positioned to benefit from increased US land directed frac spend and an improving international market.

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Halliburton (HAL) Reports In-Line Q2 EPS

July 23, 2018 6:46 AM EDT

Halliburton (NYSE: HAL) reported Q2 EPS of $0.58, in-line with the analyst estimate of $0.58. Revenue for the quarter came in at $6.15 billion versus the consensus estimate of $6.11 billion.

For earnings history and earnings-related data on Halliburton (HAL) click here.

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