03.08.2023 00:52:21
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APA Corporation Profit Retreats In Q2
(RTTNews) - APA Corporation (APA) announced earnings for second quarter that decreased from the same period last year
The company's earnings totaled $381 million, or $1.23 per share. This compares with $926 million, or $2.71 per share, in last year's second quarter.
Excluding items, APA Corporation reported adjusted earnings of $264 million or $0.85 per share for the period.
The company's revenue for the quarter fell 41.0% to $1.80 billion from $3.05 billion last year.
APA Corporation earnings at a glance (GAAP) :
-Earnings (Q2): $381 Mln. vs. $926 Mln. last year. -EPS (Q2): $1.23 vs. $2.71 last year. -Revenue (Q2): $1.80 Bln vs. $3.05 Bln last year.
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
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