Halliburton Co. (HAL - Get Report) is expected to report net income of $300.7 million, or 34 cents a share, on sales of $5.8 billion before the market opens on Monday, based on a FactSet survey of 29 analysts.
In the same period a year ago, the company posted earnings of 50 cents a share on sales of $6.2 billion. It reported net income of $511 million.
The stock has fallen 22% since the company last reported earnings on July 22.
Quarterly estimates have fallen 1.5 cents a share in the past month.
In the upcoming quarter, analysts are forecasting net income of $294.9 million, or 33 cents a share, on sales of $5.7 billion.
Halliburton is currently trading at a price-to-forward-earnings ratio of 13.3 based on the 12-month estimates of 32 analysts surveyed by FactSet.
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