BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[What are Halliburton's earnings numbers telling us about the economy?]]>http://www.bloggingstocks.com/2009/07/20/what-are-halliburtons-earnings-numbers-telling-us-about-the-eco/http://www.bloggingstocks.com/2009/07/20/what-are-halliburtons-earnings-numbers-telling-us-about-the-eco/http://www.bloggingstocks.com/2009/07/20/what-are-halliburtons-earnings-numbers-telling-us-about-the-eco/#commentsFiled under: , ,

This morning, oil firm Halliburton (NYSE:HAL) posted second-quarter earnings and a warning about North American natural gas markets. First things first, HAL reported second-quarter earnings of 30 cents per share (excluding a $12-million charge stemming from job cuts). While these results were far worse than the 55 cents per share the company earned a year ago, they still managed to top the consensus estimate by four cents per share. The situation was the same for quarterly revenue, which fell to $3.49 billion (from $4.49 billion a year ago) but still managed to outpace the Street's expectations - which called for $3.41 billion.

Continue reading What are Halliburton's earnings numbers telling us about the economy?

What are Halliburton's earnings numbers telling us about the economy? originally appeared on BloggingStocks on Mon, 20 Jul 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>black goldBlackGoldcrude oilCrudeOilearnings reportsEarningsReportsinthenewsnatural gasNaturalGasoiloil inventoriesOilInventoriesMon, 20 Jul 2009 15:00:00 EST