Halliburton Company (HAL) reported earnings for third quarter that Decreased from last year but beat the Street estimates.
The company's bottom line came in at $18 million, or $0.02 per share. This compares with $571 million, or $0.65 per share, last year.
Excluding items, Halliburton Company reported adjusted earnings of $496 million or $0.58 per share for the period.
Analysts on average had expected the company to earn $0.5 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.7% to $5.600 billion from $5.697 billion last year.
Halliburton Company earnings at a glance (GAAP) :
-Earnings: $18 Mln. vs. $571 Mln. last year.-EPS: $0.02 vs. $0.65 last year.-Revenue: $5.600 Bln vs. $5.697 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.