Ensco plc Q3 Earnings Decline 71%

(RTTNews) - Ensco plc (ESV) released a profit for third quarter that dropped from last year.

The company said its profit dropped to $85.3 million, or $0.28 per share. This was down from $292.0 million, or $1.24 per share, in last year's third quarter.

The company said revenue for the quarter fell 45.5% to $0.55 billion. This was down from $1.01 billion last year.

Ensco plc earnings at a glance:

-Earnings (Q3): $85.3 Mln. vs. $292.0 Mln. last year. -Earnings Decline (Y-o-Y): -70.8% -EPS (Q3): $0.28 vs. $1.24 last year. -EPS Decline (Y-o-Y): -77.4% -Revenue (Q3): $0.55 Bln vs. $1.01 Bln last year. -Revenue Change (Y-o-Y): -45.5%