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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 | - |
From Jul 2019 to Jul 2024
By Micah Maidenberg
Halliburton Co. (HAL) said profit rose to $664 million, or 76 cents a share, in the fourth quarter, but the oilfield services company reported weakness in the North American market and abroad.
Earnings at Halliburton swung to a gain compared with last year, when the company reported a loss of $824 million, or 94 cents a share.
Profit surpassed the 37 cents a share that analysts polled by FactSet expected.
The company said Tuesday that excluding a tax benefit it recognized in the quarter adjusted earnings were 41 cents a share.
Sales of $5.94 billion were flat compared with the fourth quarter of 2017, but more than the $5.86 billion analysts predicted, according to FactSet.
Overall, North America revenue of $3.34 billion in the fourth quarter was down slightly from the year earlier, when the company booked $3.4 billion in sales in the region. Sales were down 2% overseas, gaining only in the company's Middle East and Asia region.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
January 22, 2019 07:22 ET (12:22 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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