Shares of Halliburton are slipping despite posting better-than-expected quarterly results. The oil field services company reported an adjusted loss of 14 cents per share, which was less than analysts’ estimates of a 19 cent loss per share. Revenue of $3.84 billion topped Wall Street’s forecast of $3.75 billion, but slumped 35% year-over-year.CEO Dave Lesar said on a conference call Wednesday that this past quarter will be the trough of Halliburton’s earnings as management expects to break-even in the North American space by the first quarter of 2017.
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