Halliburton: Q4 EPS up sequentially

(CercleFinance.com) - Halliburton has reported Q4 2020 adjusted net income that is up 60% sequentially at 160 million dollars, or 18 cents per share, above the consensus.


The oil service group's adjusted operating profit increased by 27% relative to Q3 to 350 million dollars, with revenues up 9% at 3.2 billion dollars, driven by North American operations (+26%).

The company is optimistic about the trend in business in North America and expects that its international operations bottom out in the first quarter of 2021.


Copyright (c) 2021 CercleFinance.com. All rights reserved.