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NEW YORK - Halliburton Company (NYSE:HAL) reported first-quarter earnings that fell short of analyst expectations, while revenue surpassed estimates.
The oilfield services giant’s stock slipped 1.7% following the announcement.
Halliburton posted adjusted earnings per share of $0.60 for the first quarter of 2025, missing the analyst consensus of $0.61 by $0.01.
Revenue came in at $5.4 billion, beating the estimated $5.28 billion and marking a 6.9% decrease from $5.8 billion in the same quarter last year.
The company’s adjusted operating margin was 14.5%, with total operating income at $431 million.
Despite the slight earnings miss and revenue decline YoY, Halliburton remains optimistic about its long-term prospects, citing its focus on technology, collaboration, and service quality execution as key drivers for future success.
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