DCP Midstream: Q2 Earnings Insights

DCP Midstream (NYSE:DCP) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

DCP Midstream beat estimated earnings by 62.39%, reporting an EPS of $1.77 versus an estimate of $1.09.

Revenue was up $2.18 billion from the same period last year.

Last quarter the company missed on EPS by $0.67 which was followed by a 4.17% drop in the share price the next day.

Here's a look at DCP Midstream's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.99	0.79	0.66	0.54
EPS Actual	0.32	1.44	0.18	-0.22
Revenue Estimate	3.30B	4.45B	3.59B	2.46B
Revenue Actual	3.38B	3.48B	2.83B	2.08B

To track all earnings releases for DCP Midstream visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.