23.01.2024 12:52:06 - dpa-AFX: Halliburton Company Q4 Profit Increases, beats estimates
HOUSTON (dpa-AFX) - Halliburton Company (HAL) reported a profit for its
fourth quarter that increased from the same period last year and beat the
Street estimates.
The company's bottom line came in at $661 million, or $0.74 per share. This
compares with $656 million, or $0.72 per share, in last year's fourth quarter.
Excluding items, Halliburton Company reported adjusted earnings of $769 million
or $0.86 per share for the period.
Analysts on average had expected the company to earn $0.80 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 2.9% to $5.74 billion from $5.58
billion last year.
Halliburton Company earnings at a glance (GAAP) :
-Earnings (Q4): $661 Mln. vs. $656 Mln. last year.
-EPS (Q4): $0.74 vs. $0.72 last year.
-Analyst Estimate: $0.80
-Revenue (Q4): $5.74 Bln vs. $5.58 Bln last year.
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