| HAL |
Report |
Adjusted EPS |
MISS |
pred ~$0.50 vs. cons $0.54 |
MEDIUM |
| HAL |
Report |
Total Revenue |
MISS |
pred ~$5.40B vs. cons $5.50B |
MEDIUM |
| HAL |
Report |
Completion & Production segment operating income |
BEAT |
pred ~$495M vs. cons $479M |
LOW |
| HAL |
Guide |
Middle East EPS drag guidance |
LOWER |
guide ~$0.10-0.12 vs. cons $0.07-0.09 (Q3 2026) |
MEDIUM |
| HAL |
Guide |
FY2026 capital expenditure |
UNCHANGED |
guide ~$1.1B vs. cons $1.1B (FY2026) |
HIGH |
| HAL |
Guide |
Share buyback pace |
BETTER |
guide ~$200M vs. cons $180M (Q3 2026) |
LOW |
| HAL |
Return |
Day-1 residual (stock − beta × S&P 500) |
-3.0% |
— |
MEDIUM |
| HAL |
Return |
5-day cumulative residual |
-4.5% (FOLLOW-THROUGH) |
Even if headline Q2 EPS lands only modestly below the $0.54 consensus, the more important out-period signal is a reiterated-or-worsened Middle East drag baked into the Q3 bridge (management's own April caveat of another $0.03-0.05 hit if the offshore restart slipped, which the July escalation into Kuwait/Hormuz suggests it did). That implies analysts trim Q3/FY26 EPS and international revenue growth assumptions over the following days, and NAM segment strength (C&P beat) isn't large enough in dollar terms to offset the larger, structurally-flagged ME/logistics cost drag, so the initial negative reaction extends rather than reverses over the week. |
MEDIUM |