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Continental Resources Inc. Q2 adjusted earnings Miss Estimates

Continental Resources Inc. (CLR) reported earnings for second quarter that dropped from the same period last year.

The company's profit came in at $236.56 million, or $0.63 per share. This compares with $242.46 million, or $0.65 per share, in last year's second quarter.

Excluding items, Continental Resources Inc. reported adjusted earnings of $219.14 million or $0.59 per share for the period.

Analysts had expected the company to earn $0.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.1% to $1.21 billion from $1.14 billion last year.

Continental Resources Inc. earnings at a glance:

-Earnings (Q2): $219.14 Mln. vs. $272.88 Mln. last year.
-EPS (Q2): $0.59 vs. $0.73 last year.
-Analysts Estimate: $0.63
-Revenue (Q2): $1.21 Bln vs. $1.14 Bln last year.

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