HAL - Can Halliburton Q2 performance continue to beat estimates?

Halliburton (NYSE:HAL) is scheduled to announce Q2 earnings results on Tuesday, July 20th, before market open.The consensus EPS Estimate is $0.23 vs. $0.05 in 2Q20 and the consensus Revenue Estimate is $3.69B (+15.3% Y/Y).Analysts expect Operating income of $416.4M.Over the last 2 years, HAL has beaten EPS estimates 88% of the time and has beaten revenue estimates 50% of the time.Over the last 3 months, EPS estimates have seen 13 upward revisions and 5 downward. Revenue estimates have seen 13 upward revisions and 2 downward.Today, oil stocks slipped in pre-market trading as crude oil prices fell following announcement of a OPEC+ deal to gradually restore production to pre-pandemic levels.In the past week, Halliburton secured a seven-year contract to provide production chemicals and associated services for an unnamed international oil company working in Oman. Earlier this month, the company announced plans to  redeem the entire outstanding $500M of its 3.25% senior

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Can Halliburton Q2 performance continue to beat estimates?