Halliburton's stock rises despite earnings miss as CEO cites strong outlook for oilfield services
Halliburton(HAL) Market Watch·2024-01-23 21:19
Halliburton Co. shares rose 2.1% in pre-market trading despite a miss for the oil-services company’s top and bottom-line fourth-quarter results early Tuesday. Net income was $661 million, or 74 cents a share, from $656 million, or 72 cents a share, in the same period last year. On an adjusted basis, excluding losses in Argentina primarily due to the currency devaluation, Halliburton HAL, +1.35% earned 86 cents a share. Analysts surveyed by FactSet were looking for earnings of 93 cents a share. Halliburto ...