22.07.2019 12:51:02

Halliburton Company Q2 adjusted earnings Beat Estimates

(RTTNews) - Halliburton Company (HAL) announced earnings for second quarter that decreased from the same period last year.

The company's bottom line came in at $75 million, or $0.09 per share. This compares with $511 million, or $0.58 per share, in last year's second quarter.

Excluding items, Halliburton Company reported adjusted earnings of $303 million or $0.35 per share for the period.

Analysts had expected the company to earn $0.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.6% to $5.93 billion from $6.15 billion last year.

Halliburton Company earnings at a glance:

-Analysts Estimate: $0.30 -Revenue (Q2): $5.93 Bln vs. $6.15 Bln last year.

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