Recap: ConocoPhillips Q3 Earnings

Recap: ConocoPhillips Q3 Earnings

ConocoPhillips COP reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

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

Earnings

ConocoPhillips missed estimated earnings by 3.74%, reporting an EPS of $3.6 versus an estimate of $3.74.

Revenue was up $10.00 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 3.3% increase in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 3.90 3 2.18 1.45
EPS Actual 3.91 3.27 2.27 1.77
Revenue Estimate 19.47B 16.50B 13.79B 10.81B
Revenue Actual 21.99B 19.29B 15.96B 11.62B

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

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

Posted In: BZI-RecapsEarnings