Halliburton Surpasses Estimates

01/30/01 - 06:22 PM EST

Aileen Gallagher

Earnings Scorecard
Actual Estimated* Year-Ago
$0.28 $0.26 $0.17

Halliburton (HAL Quote - Cramer on HAL - Stock Picks) beat Wall Street's fourth-quarter estimates by two cents, as the company's energy services group reported revenue that rose 22% from the year-ago period.

The oil services company reported earnings of $123 million, or 28 cents a share, compared with $76 million, or 17 cents a share, excluding items in both periods. First Call/Thomson Financial polled 19 analysts, who arrived at a consensus estimate of 26 cents for the quarter.

Revenue for the fourth quarter rose to $3.19 billion from $3.03 billion in the year-ago period.

Halliburton closed at $40.26 on the New York Stock Exchange, having gained 36 cents, or 0.9%, on the day.

Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now. See All

  • Cramer's Daily Booyah!
  • Before the Bell

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!

Premium Services