Halliburton: Q3 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Halliburton Co. (HAL) on Tuesday reported third-quarter profit of $417 million.

The Houston-based company said it had net income of 50 cents per share. Earnings, adjusted for one-time gains and costs, came to 60 cents per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

The provider of drilling services to oil and gas operators posted revenue of $5.7 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $5.59 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAL at https://www.zacks.com/ap/HAL