Halliburton Company Reports Drop In Q3 Bottom Line


Halliburton Company Reports Drop In Q3 Bottom Line

(RTTNews) - Halliburton Company (HAL) revealed earnings for third quarter that decreased from the same period last year

The company's earnings came in at $571 million, or $0.65 per share. This compares with $716 million, or $0.79 per share, in last year's third quarter.

Excluding items, Halliburton Company reported adjusted earnings of $641 million or $0.73 per share for the period.

The company's revenue for the quarter fell 1.8% to $5.697 billion from $5.804 billion last year.

Halliburton Company earnings at a glance (GAAP) :

-Earnings (Q3): $571 Mln. vs. $716 Mln. last year. -EPS (Q3): $0.65 vs. $0.79 last year. -Revenue (Q3): $5.697 Bln vs. $5.804 Bln last year.

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