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They beat expectations. Those expectations were in the toilet. A lot of needed cost cutting.
Compared to last years third quarter.
Earnings 3rd Q
2019 - 143 milion at 80 cents a share
2018 - 311 million at 1.82 a share
Adjusted for one time items
2019 - $1.92 per share
2018 - $3.02 per share
Revenue
2019 - 6.3 billion
2018 - 6.82 billion
They still have a long way to go.
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