Investing.com - Halliburton (NYSE:HAL) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.41 on revenue of $5.94B. Analysts polled by Investing.com anticipated EPS of $0.37 on revenue of $5.87B. That compared to EPS of $0.53 on revenue of $5.94B in the same period a year earlier. The company had reported EPS of $0.5 on revenue of $6.17B in the previous quarter.
For the year, Halliburton shares are up 21.33%, outperforming the S&P 500 which is up 8.23% year to date.
Halliburton follows other major Energy sector earnings this month
On Friday, Schlumberger reported fourth quarter EPS of $0.36 on revenue of $8.18B, compared to forecasts of EPS of $0.36 on revenue of $8.04B.
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