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Halliburton 2Q profit off 8 pct; tops expectations

Halliburton company reported a second-quarter profit and revenue also fell, fell by 8% in North America, but the crowd out of Wall Street's expectations, and shares rose in pre-market trading.
Oilfield services reported net income of $679 million, or 73 cents a share, on Monday. A year ago, the profit is 1.737 billion yuan; Dollars and 79 cents a share.
Analysts had expected 72 cents a share, according to FactSet.
Overall income edged up 1% to $7.32 billion, $7.23 billion from a year ago, also exceeded expectations, even though 8% of its revenues slide in North America. Despite the drag in north American with revenues, are the best all the time in the second quarter.
Halliburton company, headquartered in Houston co is about 1% before the opening.



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