BUZZ - Halliburton shares rise as third-quarter earnings beat expectations

October 20 - ** Shares of U.S. oilfield services provider Halliburton (HAL.N) rose 4% in pre-market trading, quoted at $34.30.

** Driven by increased demand for oilfield equipment in Latin America, the company (link) reported third-quarter profits exceeding market expectations.

** Revenue in Latin America grew nearly 12.6%, reaching $1.1 billion.

** Adjusted earnings per share for the third quarter were $0.60, above analysts’ expectations of $0.58 per share—data compiled by LSEG.

** As of the previous trading day’s close, shares of HAL have risen 16.7% since the beginning of the year.

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