Investing.com - Halliburton (NYSE:HAL) reported third quarter earnings that matched analysts' expectations on Monday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.34 on revenue of $5.55B. Analysts polled by Investing.com expected EPS of $0.34 on revenue of $5.82B. That compared to EPS of $0.5 on revenue of $6.17B in the same period a year earlier. The company had reported EPS of $0.35 on revenue of $5.93B in the previous quarter.
For the year, Halliburton shares are down 30.66%, under-performing the S&P 500 which is up 20.56% year to date.
Halliburton follows other major Energy sector earnings this month
On Friday, Schlumberger reported third quarter EPS of $0.43 on revenue of $8.54B, compared to forecasts of EPS of $0.4 on revenue of $8.5B.
Viper Energy Ut earnings missed analyst's expectations on Tuesday, July 30, 2019, with second quarter EPS of $0.04 on revenue of $72.19M. Investing.com analysts expected EPS of $0.11 on revenue of $70.2M
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