Oil company Halliburton Company (NYSE:HAL) could highlight the opportunity ahead for the sector in Venezuela when the company reports fourth-quarter financial results before market open Wednesday.
Here are the earnings estimates, analyst ratings and key items to watch.
• Halliburton stock is showing upward bias. What’s ahead for HAL stock?
Halliburton Q4 Earnings Estimates
Analysts expect Halliburton to report fourth-quarter revenue of $5.41 billion, down from $5.61 billion in last year’s fourth quarter, according to data from Benzinga Pro.
The company has beaten analyst estimates for revenue in three straight quarters, but only in four of the last 10 quarters overall.
Analysts expect Halliburton to report fourth-quarter earnings per share of 55 cents, down from 70 cents per share in last year’s fourth quarter.
The …