BP Earnings Preview

Early Tuesday morning, oil giant BP BP is scheduled to release its third-quarter 2010 financial results, the same quarter in which the disastrous Gulf oil spill was finally capped. So what are the analysts surveyed by Thomson Reuters expecting? During the three months that ended in September, London-based BP also announced post-Gulf spill changes and plans to reinstate its dividend. Its earnings for that period are forecast to come to $1.51 per share, which is about the same as in the year-ago period. But revenue is expected to be 6.8% higher year over year to $72.5 billion. Continue reading the article.