Halliburton: Q1 Earnings Snapshot
HOUSTON (AP) _ Halliburton Co. (HAL) on Tuesday reported first-quarter net income of $263 million.
The Houston-based company said it had net income of 29 cents per share. Earnings, adjusted for one-time gains and costs, came to 35 cents per share.
The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 35 cents per share.
The provider of drilling services to oil and gas operators posted revenue of $4.28 billion in the period, beating Street forecasts. Seven analysts surveyed by Zacks expected $4.18 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAL at https://www.zacks.com/ap/HAL