NEW YORK (TheStreet) -- Halliburton Co. reported its 2015 first quarter earnings earlier this morning, and the oilfield services company's financial results came in higher than analysts were expecting for the period.Shares of Halliburton are higher by 0.55% to $47.15 in pre-market trading on Monday morning. Halliburton said its adjusted earnings were 49 cents per share, compared to the 37 cents per share analysts polled by Thomson Reuters had forecast. Revenue for the most recent quarter was $7.1 billion versus the $6.99 billion analysts were anticipating. "Industry prospects will continue to be challenged in the coming quarters, and visibility to the ultimate depth and length of this cycle remains uncertain. We will continue to manage through this downturn focusing on reducing input costs, protecting our market position, and delivering the superior execution and solutions our customers have come to expect," the company said in a statement. Separately, TheStreet Ratings team rates HALLIBURTON CO as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation: "We rate HALLIBURTON CO (HAL) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow."You can view the full analysis from the report here: HAL Ratings Report HAL data by YCharts Must Read: Warren Buffett's Top 25 Stocks for 2015
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