Recap: BP Q3 Earnings

Recap: BP Q3 Earnings

BP BP reported its Q3 earnings results on Tuesday, November 1, 2022 at 03:00 AM.

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

Earnings

BP beat estimated earnings by 25.12%, reporting an EPS of $2.59 versus an estimate of $2.07.

Revenue was up $18.84 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.51 which was followed by a 1.12% increase in the share price the next day.

Here's a look at BP's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2.10 1.33 1.17 0.92
EPS Actual 2.61 1.92 1.23 0.99
Revenue Estimate 58.73B 57.71B 46.67B 38.95B
Revenue Actual 67.87B 49.26B 50.55B 36.17B

To track all earnings releases for BP visit their earnings calendar here.

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

Posted In: BZI-RecapsEarnings