Halliburton Company (HAL) earnings on July 21, 2026

Before the market opens Q2 2026

More Halliburton Company earnings

Prior outlook: No statistical edge

Halliburton shares dropped 6.1% after regional pressures hurt Middle East revenue, disappointing the market.

HAL price around the earnings

33.19

Change: -5.8%

2026-07-21, 20:00 UTC

Start of the measured window End of the measured window
32.46 33.47 34.49 35.50 35.25
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 21, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published
Results released

Major contract wins and strong earnings beat history offset by extreme retail crowding and a weakening 30-day trend.

Context analyzed before publication

Trend
Trajectory has stabilized after prior volatility, with strong past earnings and contract wins supporting an optimistic thesis.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.82
Analysts covering the stock
25
Average price target
44.04
Lowest price target
28
Highest price target
55
Upside to price target
25.4%
Quarterly earnings growth
126%
Revenue growth
-0.3%
Forward EPS
2.94
Trailing EPS
1.81
Analyst moves in the last 60 days
0

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (8)

Technicals

Evidence

Average true range (ATR)
2.6%
Distance to 52-week high
-18.0%
14-day change (14d)
+3.1%
30-day change (30d)
-14.8%
30-day relative strength
-14.8%
Benchmark change (0d)
+0.0%
Nearest support
34.84
Nearest resistance
35.17
Volume accumulation ratio (14d / 46d)
1

Trends

Evidence

Average earnings surprise
+13.2%
  • April 21, 2026: actual EPS 0.55 vs estimate 0.5 (surprise +10.4%)
  • January 21, 2026: actual EPS 0.69 vs estimate 0.55 (surprise +26.3%)
  • October 21, 2025: actual EPS 0.58 vs estimate 0.5 (surprise +16.9%)
  • July 22, 2025: actual EPS 0.55 vs estimate 0.55 (surprise -0.7%)

Expected move

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
3.1%
75th percentile move
3.9%
90th percentile move
5.5%
Up / down moves
9 / 10
Average up move
+3.3%
Average down move
-3.0%

Monitoring and close

What Halliburton Company reported

Status
Finished
Actual EPS0.55
EPS estimate0.54
EPS surprise+1.9%
Revenue$5,714 million
Revenue estimate$5,486 million
Revenue surprise+4.2%

Halliburton reported 6% revenue growth to $5.7 billion, driven by international gains. North American revenue was flat while Middle East disruptions weighed on shares.

Sources (19)

Pre-market second reading after the results

Heading into the open, the figures don't clearly confirm the prior scenario.

How the stock reacted

Consolidated
-6.1%
Max move
-8.1%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.