Halliburton (HAL) - Get Report cautioned on Friday that its first quarter profit is likely to miss analysts' projections due to higher costs and weak demand in markets beyond North America. 

The oilfield services provider expects earnings per share to be in the low single digits for the quarter ending in March, CEO David Lesar said via conference call today. 

Analysts are expecting earnings of 13 cents per share. 

TST Recommends

Shares of Halliburton are slightly higher in mid-morning trading on Friday.