Halliburton Blows by Market Expectations in the 3rd Quarter
After two prior quarters of robust revenue growth with little in earnings to show for it, Halliburton's (NYSE: HAL) third-quarter results showed that those with a little patience would be richly rewarded. Another round of revenue growth coupled with expanding operating margins led to a near-500% increase in operating income and better-than-expected earnings per share.
Let's take a look at how Halliburton was able to deliver this great quarter and what investors should be looking for from here.
Image source: Getty Images.
Source: Fool.com
Schlumberger Ltd. Aktie
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