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Halliburton (HAL) Q3 Earnings Meet Estimates, Revenues Miss
Halliburton Company HAL reported in-line third quarter profit as robust international activity offset headwinds in North America. The world's second-largest oilfield services company after Schlumberger SLB saw its net income come in at 34 cents per share, same as the Zacks Consensus Estimate.
However, the bottom line was 32% below the year-earlier quarter's earnings. Operating income reported by Halliburton was $536 million, well below the $716 million for the same period last year.
Meanwhile, revenues of $5.6 billion were 10.1% lower than the year-ago quarter and missed the Zacks Consensus Estimate of $5.8 billion. North American revenue fell 21.1% year over year to $2.9 billion. Revenue from Halliburton’s international operations rose 6.9% from the year-ago period to $2.6 billion, an area that continues to exhibit growth momentum.
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https://finance.yahoo.com/news/halliburt...01062.html
![[Bild: HALc1dl0449.png]](https://finviz.com/publish/102219/HALc1dl0449.png)
Halliburton Company HAL reported in-line third quarter profit as robust international activity offset headwinds in North America. The world's second-largest oilfield services company after Schlumberger SLB saw its net income come in at 34 cents per share, same as the Zacks Consensus Estimate.
However, the bottom line was 32% below the year-earlier quarter's earnings. Operating income reported by Halliburton was $536 million, well below the $716 million for the same period last year.
Meanwhile, revenues of $5.6 billion were 10.1% lower than the year-ago quarter and missed the Zacks Consensus Estimate of $5.8 billion. North American revenue fell 21.1% year over year to $2.9 billion. Revenue from Halliburton’s international operations rose 6.9% from the year-ago period to $2.6 billion, an area that continues to exhibit growth momentum.
...
https://finance.yahoo.com/news/halliburt...01062.html
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