HAHALEarnings Analysis财报电话会Source pending来源待核by InvestLog AIInvestLog AI 整理
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HAL earnings call: As a result, we expect Q4 earnings per share to be approximately $0.62 to $0.64.哈里伯顿公司 (HAL) 电话会：我们预计第四季度每股收益约为0.62至0.64美元。
Management remarks
Call period: 2026 Q3 · 2026-10-20
Guidance: Eric J. Carre: As a result, we expect Q4 earnings per share to be approximately $0.62 to $0.64.
Demand and orders: Jeffrey Shannon Slocum: We see growing adoption of our high performance fluid systems, I expect to see this growth continue as well as get more complex and customers demand greater efficiency.
Margins: Jeffrey Shannon Slocum: Much of the strength this quarter came from growth in our D&E division, which significantly outperformed our expectations on the top line and improved operating income margins of 150 basis points sequentially.
Analyst Q&A
Analyst Scott Gruber asked: It sounds good. And just turning to free cash flow, you guys have been carrying some extra working capital, you know, through the SAP implementation phase. What does that mean for free cash in Q4? Management Eric J. Carre answered: If we look at Q4 and the overall year, So for Q4, we think cash flow from operations will be about $1 billion If you take out CapEx net of sales of about $300 million, so, that lands you at about $1.6 billion of free cash flow for the year. As we look at 2027, we believe that goes up with the improved profits generated in the business. We think as well that free cash flow margins will improve in 2027.
