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Halliburton Co. (HAL) reported Wednesday a first-quarter net income attributable to company of $170 million or $0.19 per share, compared to a net loss of $1.02 billion or $1.16 per share in the prior-year quarter.


RTTNews | Apr 21, 2021 07:06AM EDT

07:05 Wednesday, April 21, 2021 (RTTNews.com) - Halliburton Co. (HAL) reported Wednesday a first-quarter net income attributable to company of $170 million or $0.19 per share, compared to a net loss of $1.02 billion or $1.16 per share in the prior-year quarter.

On average, 24 analysts polled by Thomson Reuters expected the company to report earnings of $0.17 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter plunged to $3.45 billion from $5.04 billion in the same quarter last year. Analysts expected revenue of $3.36 billion for the quarter.

Read the original article on RTTNews ( https://www.rttnews.com/3186749/halliburton-swings-to-profit-in-q1-results-top-estimates-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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