the republic logo

Halliburton beats 3Q net income and revenue expectations


HOUSTON — HOUSTON — Halliburton Co. (HAL) on Monday reported profit of $1.2 billion in its third quarter.

The Houston-based company said it had profit of $1.41 per share. Earnings, adjusted for non-recurring gains and to account for discontinued operations, came to $1.19 per share.

The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.

The provider of drilling services to oil and gas operators posted revenue of $8.7 billion in the period, which also beat Street forecasts. Analysts expected $8.5 billion, according to Zacks.

Halliburton shares have increased roughly 4 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 2 percent. The stock has climbed slightly in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. HAL stock research report from Zacks:


Keywords:Halliburton,Earnings Report

Think your friends should see this? Share it with them!

Story copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to and it will be forwarded to the appropriate editor or reporter.

We also have more stories about:
(click the phrases to see a list)


Follow The Republic:

All content copyright ©2014 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.