DCP Midstream: Q1 Earnings Insights

DCP Midstream DCP reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.

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

Earnings

DCP Midstream missed estimated earnings by 9.17%, reporting an EPS of $0.99 versus an estimate of $1.09.

Revenue was down $649.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 0.0% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.02 1.13 1.09 0.99
EPS Actual 1.13 1.50 1.77 0.32
Revenue Estimate 4.50B 5.71B 4.49B 3.30B
Revenue Actual 3.03B 4.13B 4.27B 3.38B

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.

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