ConocoPhillips Q2 adjusted earnings Beat Estimates

(RTTNews) - 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