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Halliburton Company Q1 adjusted earnings Beat Estimates

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

The company's bottom line totaled $152 million, or $0.17 per share. This compares with $46 million, or $0.05 per share, in last year's first quarter.

Excluding items, Halliburton Company reported adjusted earnings of $201 million or $0.23 per share for the period.

Analysts had expected the company to earn $0.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $5.74 billion

Halliburton Company earnings at a glance:

-Earnings (Q1): $201 Mln. vs. $358 Mln. last year.
-EPS (Q1): $0.23 vs. $0.41 last year.
-Analysts Estimate: $0.22
-Revenue (Q1): $5.74 Bln vs. $5.74 Bln last year.

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