met analysts' earnings expectations for the latest first quarter, but the company's results came in below those in the same period a year ago.
The oilfield services company reported earnings from continuing operations of 19 cents a share, excluding nonrecurring items, but including a pretax loss related to the Argentine peso's devaluation. Analysts, on average, expected the company to earn 19 cents, according to Thomson Financial/First Call.
Net income totaled $22 million, or 5 cents a share. In the same period last year, Halliburton earned $109 million, or 25 cents a share.
Revenue fell to $3.01 billion from $3.14 billion. Shares of Halliburton closed Monday at $15.52.