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Halliburton Co
HAL reported a 17% rise in its third-quarter earnings.
Halliburton's quarterly profit surged to $706 million, or $0.79 per share, from $602 million, or $0.65 per share, in the year-ago period. Excluding one-time items, its adjusted earnings from continuing operations came in at $0.83 per share.
Its revenue rose 5.1% to $7.5 billion. However, analysts were estimating earnings of $0.82 per share on revenue of $7.5 billion.
Halliburton shares fell 1.26% to $51.81 in pre-market trading.
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