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Halliburton Company Q4 profit retreats 87 percent

Staff Writer | January 23, 2017
Halliburton Company (HAL) released earnings for fourth quarter that fell compared to the same period last year.
Halliburton Company
Halliburton   Profit fell to $35 million
The company said its profit fell to $35 million, or $0.04 per share. This was lower than $270 million, or $0.31 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 20.9% to $4.02 billion. This was down from $5.08 billion last year.

Halliburton Company earnings at a glance:

- Earnings (Q4): $35 million vs. $270 million last year - Earnings Decline (Y-o-Y): -87.0% - EPS (Q4): $0.04 vs. $0.31 last year - EPS Decline (Y-o-Y): -87.1% - Revenue (Q4): $4.02 billion vs. $5.08 billion last year - Revenue Change (Y-o-Y): -20.9%.