Investing.com - Halliburton (NYSE:HAL) reported first quarter earnings that matched analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $0.23 on revenue of $5.74B. Analysts polled by Investing.com expected EPS of $0.23 on revenue of $5.52B. That compared to EPS of $0.41 on revenue of $5.74B in the same period a year earlier. The company had reported EPS of $0.41 on revenue of $5.94B in the previous quarter.
For the year, Halliburton shares are up 17.12%, broadly in line with the S&P 500 which is up 17.28% year to date.
Halliburton follows other major Energy sector earnings this month
On Thursday, Schlumberger reported first quarter EPS of $0.3 on revenue of $7.88B, compared to forecasts of EPS of $0.3 on revenue of $7.81B.
Tatneft ADR earnings beat analyst's expectations on Friday, March 29, 2019, with first quarter EPS of $2.26 on revenue of $3.88B. Investing.com analysts expected EPS of $1.87 on revenue of $3.67B
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