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Xinyuan Real Estate Co. Ltd. Earnings Fall In Q3

Xinyuan Real Estate Co. Ltd. (XIN) announced earnings for third quarter that dropped from last year.

The company's bottom line totaled $4.14 million, or $0.07 per share. This compares with $20.13 million, or $0.31 per share, in last year's third quarter.

The company's revenue for the quarter fell 16.4% to $497.64 million from $595.46 million last year.

Xinyuan Real Estate Co. Ltd. earnings at a glance:

-Earnings (Q3): $4.14 Mln. vs. $20.13 Mln. last year.
-EPS (Q3): $0.07 vs. $0.31 last year.
-Revenue (Q3): $497.64 Mln vs. $595.46 Mln last year.

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