Halliburton stock jumps after profit beats expectations, dividend raise boosts yield to near 1.6%
Shares of Halliburton Co.
jumped 1.8% in premarket trading Tuesday, after the oil services company beat fourth-quarter profit expectations and matched on revenue, while raising its dividend by 33%. Net income fell to $656 million, or 72 cents a share, from $824 million, or 92 cents a share, in the year-ago period. The FactSet consensus for earnings per share was 67 cents. Revenue jumped 30.5% to $5.58 billion, while the FactSet consensus was…