Halliburton Q3 Earnings Beat Estimates With $417 Million Profit, Revenue of $5.7 Billion

Halliburton Co. (HAL) reported third-quarter net income of $417 million, or 50 cents per share, on Tuesday, topping Wall Street expectations. Adjusted earnings, excluding one-time gains and costs, came to 60 cents per share, beating the 58-cent average estimate of nine analysts surveyed by Zacks Investment Research. The Houston-based oilfield services provider posted revenue of $5.7 billion for the period, also exceeding Street forecasts of $5.59 billion from eight analysts surveyed by Zacks.