Halliburton Company (HAL) has announced its third-quarter earnings, which showed a decline compared to the same quarter last year. The reported earnings were $571 million, or $0.65 per share, a decrease from the previous year's $716 million or $0.79 per share. When excluding certain items, the company's adjusted earnings amounted to $641 million, or $0.73 per share. Revenue for the period dropped by 1.8% to $5.697 billion, down from $5.804 billion in the prior year. Here's a summary of Halliburton's earnings in accordance with GAAP:
- Earnings for Q3: $571 million, compared to $716 million last year.
- Earnings per Share (EPS) for Q3: $0.65, down from $0.79 last year.
- Revenue for Q3: $5.697 billion, decreased from $5.804 billion last year.
