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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Halliburton | NYSE:HAL.WD | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
By Kimberly Chin
Halliburton Co. (HAL) said profit more than tripled in the first quarter as the oilfield services company recorded lower impairment charges and had a smaller provision for taxes in this quarter compared with a year earlier.
Net income was $152 million, or 17 cents a share, compared with $46 million, or five cents a share. Analysts polled by Refinitiv expected per-share earnings of 24 cents.
The company said that excluding impairments and other charges, adjusted earnings were 23 cents a share, one cent ahead of analysts' estimates of 22 cents a share.
Sales were flat at $5.74 billion compared with the year-earlier period, but more than the $5.53 billion analysts predicted.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
April 22, 2019 07:21 ET (11:21 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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