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Halliburton third-quarter
net income rises 19%
AP
Monday October 22, 2007
Halliburton said today its earnings rose 19% in the third quarter,
as the company continues to expand its business in the Eastern
Hemisphere.
The Houston-based oilfield services company reported net income
of $727 million, or 79 cents a share, in the July-September period.
That's compared to income of $611 million, or 58 cents a share,
in the year-ago period.
The most-recent results included a favorable income tax impact
valued at $133 million, or 15 cents a share.
(Article continues below)
Third-quarter revenue rose 16% to $3.93 billion.
According to Thomson Financial, the results matched analysts'
average earnings estimate of 64 cents on revenue of $3.87 billion
--- Excluding the income tax gain, .
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