Halliburton gains on Q3 profit beat
HAL•Halliburton reported adjusted third-quarter profit of 60 cents per share, beating analysts’ estimate of 58 cents, as Latin America revenue rose nearly 12.6% to $1.1 billion.
1. Profit beats estimates
Halliburton’s third-quarter adjusted profit was 60 cents per share, above analysts’ estimate of 58 cents. The company said higher demand for its oilfield equipment in Latin America helped drive the results, with regional revenue increasing nearly 12.6% to $1.1 billion.
