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Occidental Petroleum (NYSE:OXY) will be releasing its next round of earnings this Tuesday, Feb. 12. For all of the relevant information, here is your guide for Tuesday's Q4 earnings announcement.
Earnings and Revenue
Sell-side analysts expect Occidental Petroleum's EPS to be near $1.15 on sales of $4.48 billion.
In the same quarter last year, Occidental Petroleum reported EPS of 41 cents on revenue of $3.59 billion. The analyst consensus estimate would represent a 180.49 percent increase in the company's EPS figure. Revenue would be up 24.86 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 1.54 | 1.21 | 0.68 | 0.39 |
| EPS Actual | 1.77 | 1.1 | 0.92 | 0.41 |
Stock Performance
Over the last 52-week period, shares are down 7.03 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Occidental Petroleum stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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