Thread regarding Halliburton (HAL)

Beat earnings and still got punished

They reported earnings that actually came in better than expected. Revenue was up, the CEO sounded positive, all the usual signs of a decent quarter. And the stock dropped anyway. Turns out the market only cared about the Middle East revenue taking a hit from everything going on over there, and the outlook for next quarter didn't exactly thrill anyone. Hard to get too excited about a company that does everything right on paper and still gets sold off.

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