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Halliburton Company Q2 Profit Climbs

Halliburton Company (HAL) released earnings for its second quarter that advanced from the same period last year.

The company's bottom line came in at $511 million, or $0.58 per share. This compares with $28 million, or $0.03 per share, in last year's second quarter.

Analysts had expected the company to earn $0.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.0% to $6.15 billion from $4.96 billion last year.

Halliburton Company earnings at a glance:

-Earnings (Q2): $511 Mln. vs. $28 Mln. last year.
-EPS (Q2): $0.58 vs. $0.03 last year.
-Analysts Estimate: $0.58
-Revenue (Q2): $6.15 Bln vs. $4.96 Bln last year.

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