Halliburton Q4 loss
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| In HOUSTON item headlined "TABLE - Haliburton (NYSE:HAL - News) Q4 loss" please read company's name as Halliburton (fixes spelling). A corrected repetition follows. Thomson First Call (News - Websites) EPS estimate was $0.23 HOUSTON, Feb 20 (Reuters) - 2002 2001 Shr diluted loss $1.39 profit $0.33 Net loss 602 profit 139 Revs 3,348 3,172 Avg shrs diluted 433 430 MONTHS Shr diluted loss $2.27 profit $1.88 Net loss 984 profit 809 Revs 12,572 13,046 Avg shrs diluted 432 430 (All data above millions except per share numbers) NOTES: Fourth quarter 2002 net loss from continuing operations was $129 million or $0.30 per diluted share. There were several items impacting continuing operations for the quarter on an after-tax basis: $17 million in charges related to the previously announced restructuring, a $6 million loss related to our disposition of common stock in ShawCor received in the sale of our investment in Bredero-Shaw, a $214 million charge relating to asbestos liability associated with the engineering and construction business, and $3 million in other positive items. Net loss for the fourth quarter 2002 was $602 million or $1.39 per diluted share, which includes a net loss from discontinued operations of $473 million or $1.09 per diluted share. Excluding the above items, pro forma 2002 fourth quarter net income from continuing operations was $105 million or $0.24 per diluted share. |