Halliburton (HAL) Remains CL-Buy at Goldman Sachs

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Halliburton Co. (HAL) Tops Q1 EPS by 1c; Sees Q2 EPS Up 25%

April 21, 2014 7:01 AM EDT

Halliburton Co. (NYSE: HAL) reported Q1 EPS of $0.73, $0.01 better than the analyst estimate of $0.72. Revenue for the quarter came in at $7.3 billion versus the consensus estimate of $7.25 billion.

"I am pleased with total company revenue of $7.3 billion, which was a record first quarter for Halliburton, commented Dave Lesar, chairman, president and chief executive officer.

Operating income of $970 million was 8% higher than adjusted operating income in the first quarter of 2013, and was the result of our double-digit growth in the Eastern Hemisphere.

In the Eastern Hemisphere, we continue to successfully execute our growth... More