Halliburton Announces Third Quarter 2024 Results
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Halliburton Company reported its third quarter 2024 financial results, showing a decrease in net income compared to the previous quarter. The company reported a net income of $571 million, or $0.65 per diluted share, down from $709 million, or $0.80 per diluted share, in the second quarter. Adjusted net income was $641 million, or $0.73 per diluted share. Total revenue for the quarter was $5.7 billion.
November 07, 2024 | 12:00 pm
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NEGATIVE IMPACT
Halliburton's Q3 2024 earnings report shows a decline in net income compared to Q2, with net income at $571 million and adjusted net income at $641 million. Revenue was $5.7 billion.
The decrease in net income from the previous quarter is likely to be viewed negatively by investors, potentially leading to a short-term decline in Halliburton's stock price. The adjusted net income and revenue figures provide additional context but do not offset the negative sentiment from the decline in net income.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100