ConocoPhillips Earnings, Revenue Beat in Q3 By Investing.com

news7h 11/02/2021

5 1 minute read

ConocoPhillips Earnings, Revenue Beat in Q3

Investing.com – ConocoPhillips (NYSE:) reported on Tuesday third quarter that beat analysts’ forecasts and income that topped expectations.

ConocoPhillips introduced earnings per share of $1.77 on income of $11.62B. Analysts polled by Investing.com anticipated EPS of $1.51 on income of $10.71B.

ConocoPhillips shares are up 86% from the start of the yr, nonetheless down 4.28% from its 52 week excessive of $77.98 set on October 25. They’re outperforming the S&P 500 which is up 23.02% from the beginning of the yr.

ConocoPhillips shares gained 0.07% in intra-day commerce following the report.

ConocoPhillips follows different main Power sector earnings this month

ConocoPhillips’s report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $1.58 on income of $73.79B, in comparison with forecasts EPS of $1.56 on income of $71.13B.

Chevron had beat expectations on Friday with third quarter EPS of $2.96 on income of $44.71B, in comparison with forecast for EPS of $2.2 on income of $39.97B.

Keep up-to-date on all the upcoming earnings reviews by visiting Investing.com’s earnings calendar

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