Halliburton Co.'s (HAL) fourth-quarter net income rose 4.9% to $690 million, or 75 cents a share, from $658 million, or 64 cents a share, a year earlier.
The Houston energy and engineering services company said earnings from continuing operations were 74 cents a share, compared with 61 cents a share a year ago.
Revenue climbed 19% to $4.18 billion from $3.51 billion.
Analysts polled by Thomson Financial, on average, expected earnings of 69 cents a share on revenue of $4.06 billion.
Results from the latest quarter included charges of $22 million from the impairment of an oil and gas property and $8 million in executive separation costs. The results benefited from a lower tax rate, Halliburton said.
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