
HOUSTON (dpa-AFX) - Halliburton Company (HAL) reported earnings for first quarter that decreased from the same period last year in line with the Street estimates.
The company's bottom line totaled $204 million, or $0.24 per share. This compares with $606 million, or $0.68 per share, last year.
Excluding items, Halliburton Company reported adjusted earnings of $517 million or $0.60 per share for the period.
Analysts on average had expected the company to earn $0.60 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 6.7% to $5.417 billion from $5.804 billion last year.
Halliburton Company earnings at a glance (GAAP) :
-Earnings: $204 Mln. vs. $606 Mln. last year. -EPS: $0.24 vs. $0.68 last year. -Revenue: $5.417 Bln vs. $5.804 Bln last year.
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