PHILADELPHIA – PHILADELPHIA (AP) _ Hill International Inc. (HIL) on Wednesday reported second-quarter net income of $1.5 million.
On a per-share basis, the Philadelphia-based company said it had profit of 3 cents.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The construction consultant posted revenue of $152.6 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $160.4 million.
In the final minutes of trading on Wednesday, the company’s shares hit $4.20. A year ago, they were trading at $4.90.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIL at http://www.zacks.com/ap/HIL
Keywords: Hill International, Earnings Report