earnings
confidence high
sentiment positive
materiality 0.75
Halliburton Q2 adj EPS $0.77 beats; revenue $5.8B +14% YoY; free cash flow $798M
HALLIBURTON CO
2023-Q2 EPS reported
$1390000.00
revenue$11,475,000,000
- GAAP net income $610M ($0.68/diluted); adjusted net income $691M ($0.77/diluted) up >50% YoY.
- Revenue $5.8B (+14% YoY); operating income $1.0B (+41% YoY on adjusted basis).
- Completion & Production rev $3.5B (+2% seq); Drilling & Evaluation rev $2.3B (+2% seq).
- International rev $3.1B (+7% seq) led by Latin America +9%; North America rev $2.7B (-2% seq).
- Generated $1.1B operating cash flow; $798M free cash flow; repurchased $248M of common stock.