HOUSTON (AP) _ Halliburton Co. (HAL) on Tuesday reported third-quarter net income of $236 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Houston-based company said it had net income of 26 cents. Earnings, adjusted for asset impairment costs, were 28 cents per share.
The results met Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was also for earnings of 28 cents per share.
The provider of drilling services to oil and gas operators posted revenue of $3.86 billion in the period, which did not meet Street forecasts. Eight analysts surveyed by Zacks expected $3.92 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAL at https://www.zacks.com/ap/HAL