October 21, 2013 at 10:58 AM EDT
Halliburton Q3 Revenue Misses On U.S. Capacity Glut
Halliburton (HAL) shares fell on Monday after the oilfield service provider reported solid overseas revenue but weaker results in North America. The company said third-quarter earnings jumped 24% to 83 cents. Analysts polled by Thomson Reuters were expecting 82 cents. Revenue rose 5% to $7.47 billion, slightly under views for $7.49 billion. Shares fell 1.9% to 51.44 in the stock market today. Halliburton reported a 29% jump in operating income in
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