UPDATE: Halliburton Posts Rise In Q4 Profit
Halliburton Co (NYSE: HAL) reported a 19% rise in its fourth-quarter earnings.
Halliburton's quarterly profit surged to $793 million, or $0.93 per share, from a year-ago profit of $669 million, or $0.72 per share.
Its revenue climbed 4.8% to $7.64 billion. However, analysts were projecting a profit of $0.89 per share on revenue of $7.55 billion.
Halliburton shares closed at $50.66 on Friday.
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