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Halliburton stock slips on weaker-than-expected Q3 results

Halliburton (NYSE: HAL) reported third-quarter 2021 financial results before the regular market hours on Tuesday. The company reported Q3 revenue of $3.9 billion, up 30% year-over-year and lower than the Wall Street projection. Net income of $0.26 per share also missed the target that analysts had anticipated.

HAL shares were trading in red immediately following the announcement. The stock has gained 65% since the beginning of this year.

Looking forward to listening to management / analyst comments on the results? Stay tuned here for Halliburton Q3 earnings call transcript

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