Halliburton Beats Profit Estimates Despite “Challenging” North America Market

Oilfield services provider Halliburton Company (NYSE:HAL) on Monday beat analyst estimates in its Q2 earnings, thanks to growth in international markets that offset lagging activity in North America, the company’s largest market. Halliburton, one of the world’s largest oilfield services companies, reported today adjusted net income of US$303 million, or US$0.35 per diluted share, for Q2 2019, excluding impairments and other charges. The earnings per share exceeded the US$0.30 analyst consensus estimate in the Wall Street Journal. The…