HAL - Halliburton Non-GAAP EPS of $0.77 in-line revenue of $5.8B misses by $50M
2023-10-24 06:49:23 ET
- Halliburton press release ( NYSE: HAL ): Q3 Non-GAAP EPS of $0.77 in-line.
- Revenue of $5.8B (+8.2% Y/Y) misses by $50M .
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"Everything I see today strengthens my conviction in the long duration of this upcycle. Against this backdrop, we expect continued demand growth for oilfield services in 2024 and beyond. Halliburton delivered strong returns to our shareholders as demonstrated by more than $500 million of Free Cash Flow 3 and repurchases of approximately $200 million of common stock and $150 million of debt during the quarter,” said commented Jeff Miller, Chairman, President and CEO.
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Halliburton Non-GAAP EPS of $0.77 in-line, revenue of $5.8B misses by $50M