The Chemours Company Reports 45% Fall In Q3 Earnings

(RTTNews) - The Chemours Company (CC) reported earnings for third quarter that lost ground from last year.

The company said its earnings fell to $73 million, or $0.40 per share. This was lower than $133 million, or $0.74 per share, in last year's third quarter.

The company said revenue for the quarter fell 8.6% to $1.49 billion. This was down from $1.63 billion last year.

The Chemours Company earnings at a glance:

-Earnings (Q3): $73 Mln. vs. $133 Mln. last year. -Earnings Decline (Y-o-Y): -45.1% -EPS (Q3): $0.40 vs. $0.74 last year. -EPS Decline (Y-o-Y): -45.9% -Revenue (Q3): $1.49 Bln vs. $1.63 Bln last year. -Revenue Change (Y-o-Y): -8.6%