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Stock impact report

Halliburton (HAL) Stock Trades Up, Here Is Why [Yahoo! Finance]

Halliburton Company (HAL) 
Last halliburton company earnings: 4/20 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.halliburton.com
Company Research Source: Yahoo! Finance
The company posted an adjusted profit of $0.55 per share, beating analysts' consensus estimates by 10.6%. While revenue was flat year-on-year at $5.4 billion, it still topped forecasts by 1.9%. Halliburton also demonstrated improved profitability, with its operating margin expanding to 12.6% from 8% in the same quarter last year. Similarly, its adjusted EBITDA of $974 million came in 3.1% ahead of expectations. Overall, the solid top- and bottom-line beats signaled a strong start to the year for the company, boosting investor confidence. After the initial pop the shares cooled down to $38.22, up 4.2% from previous close. Is now the time to buy Halliburton? Access our full analysis report here, it's free What Is The Market Telling Us Halliburton's shares are not very volatile and have only had 9 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally Show less Read more
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