Income from continuing operations for the latest quarter jumped to $512 million from $212 million a year earlier.

Adjusted net income attributable to company for the three months ended March 31, 2011 was $557 million or $0.61 per share, excluding the Libya charge of $46 million, after-tax, or $0.05 per diluted share, related primarily to reserving certain assets as a result of recent political sanctions.

On average, 36 analysts polled by Thomson Reuters expected earnings per share of $0.58 for the quarter. Analysts' estimates typically exclude one-time items.

Halliburton's consolidated revenue in the first quarter of 2011 was $5.28 billion compared with $3.76 billion in the first quarter of 2010. Twenty-three analysts estimated revenues of $4.89 billion for the quarter.

Source: www.ordons.com