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Hill International misses Street 2Q forecasts

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.

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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

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Keywords: Hill International, Earnings Report