HOUSTON (dpa-AFX) - Halliburton Company (HAL) reported earnings for third quarter that Decreased from last year but beat the Street estimates.
The company's bottom line came in at $18 million, or $0.02 per share. This compares with $571 million, or $0.65 per share, last year.
Excluding items, Halliburton Company reported adjusted earnings of $496 million or $0.58 per share for the period.
Analysts on average had expected the company to earn $0.5 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.7% to $5.600 billion from $5.697 billion last year.
Halliburton Company earnings at a glance (GAAP) :
-Earnings: $18 Mln. vs. $571 Mln. last year. -EPS: $0.02 vs. $0.65 last year. -Revenue: $5.600 Bln vs. $5.697 Bln last year.
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