23.04.2024 12:52:43 - dpa-AFX: Halliburton Company Q1 Profit Decreases, but beats estimates

HOUSTON (dpa-AFX) - Halliburton Company (HAL) announced a profit for first
quarter that decreased from the same period last year but beat the Street
estimates.

The company's bottom line came in at $606 million, or $0.68 per share. This
compares with $651 million, or $0.72 per share, in last year's first quarter.

Excluding items, Halliburton Company reported adjusted earnings of $679 million
or $0.76 per share for the period.

Analysts on average had expected the company to earn $0.74 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 2.1% to $5.80 billion from $5.68
billion last year.

Halliburton Company earnings at a glance (GAAP) :

-Earnings (Q1): $606 Mln. vs. $651 Mln. last year.
-EPS (Q1): $0.68 vs. $0.72 last year.
-Revenue (Q1): $5.80 Bln vs. $5.68 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Halliburton Company 853986 NYSE 36,110 24.05.24 03:01:59 +0,130 +0,36% 36,100 36,400 36,140 36,110

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