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ConocoPhillips (COP) reported a profit for its second quarter that advanced from last year.


RTTNews | Aug 3, 2021 07:46AM EDT

07:46 Tuesday, August 3, 2021 (RTTNews.com) - ConocoPhillips (COP) reported a profit for its second quarter that advanced from last year.

The company's earnings came in at $2.09 billion, or $1.55 per share. This compares with $0.26 billion, or $0.24 per share, in last year's second quarter.

Excluding items, ConocoPhillips reported adjusted earnings of $1.72 billion or $1.27 per share for the period.

Analysts had expected the company to earn $0.97 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

ConocoPhillips earnings at a glance:

-Earnings (Q2): $1.72 Bln. vs. -$0.99 Bln. last year.-EPS (Q2): $1.27 vs. -$0.92 last year.-Analysts Estimate: $0.97

Read the original article on RTTNews ( https://www.rttnews.com/3215216/conocophillips-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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