Halliburton: Q3 EPS down 8%
(CercleFinance.com) - Halliburton reports Q3 2024 adjusted EPS that is down nearly 8% y-o-y at $0.
73, with an adjusted operating margin of 17% on revenues that slipped nearly 2% to $5.7bn.
While the oilfield services group's revenues rose nearly 9% y-o-y in the Middle East and Asia, they fell over 8% in North America and remained sluggish in Latin America.
Our annual forecasts for FCF and returns to shareholders remain unchanged, and we expect both to accelerate in Q4, it says.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
73, with an adjusted operating margin of 17% on revenues that slipped nearly 2% to $5.7bn.
While the oilfield services group's revenues rose nearly 9% y-o-y in the Middle East and Asia, they fell over 8% in North America and remained sluggish in Latin America.
Our annual forecasts for FCF and returns to shareholders remain unchanged, and we expect both to accelerate in Q4, it says.
Copyright (c) 2024 CercleFinance.com. All rights reserved.