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Halliburton: beats consensus in Q4

(CercleFinance.com) - Halliburton has announced Q4 2019 net profit of 285 million dollars, or 32 cents per share, beating the consensus by three cents, compared with adjusted EPS of 41 cents a year ago.

Sequentially, the oil services group saw its operating profit increase 2% to 546 million dollars, on revenues that are down 6% to 5.2 billion dollars, with 10% increase in international sales and a 21% in North America.

Although the group expects its clients to spend less in North America... it will continue to focus on increasing its margins, while reporting solid free cash flow, said company Chairman and CEO Jeff Miller.

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