Halliburton Company Announces 76% Fall In Q3 Bottom Line

(RTTNews) - Halliburton Company (HAL) reported a profit for third quarter that declined from last year.

The company said its earnings came in at $0.27 billion, or $0.31 per share. This was down from $1.14 billion, or $1.33 per share, in last year's third quarter.

The company said revenue for the quarter fell 35.9% to $5.58 billion. This was down from $8.70 billion last year.

Halliburton Company earnings at a glance:

-Earnings (Q3): $0.27 Bln. vs. $1.14 Bln. last year. -Earnings Decline (Y-o-Y): -76.3% -EPS (Q3): $0.31 vs. $1.33 last year. -EPS Decline (Y-o-Y): -76.7% -Revenue (Q3): $5.58 Bln vs. $8.70 Bln last year. -Revenue Change (Y-o-Y): -35.9%