Earnings Beat: Headquartered in London, BP plc BP reported third-quarter adjusted earnings of three
Earnings Beat: Headquartered in London, BP plc BP reported third-quarter adjusted earnings of three cents per American Depositary Share (ADS) on a alternative value foundation. The underside-line beat the Zacks Consensus Estimate of lack of 9 cents per share.
Estimate Revision Pattern & Shock Historical past: Traders ought to observe that the Zacks Consensus Estimate of loss for the quarter has witnessed one upward and two downward revisions up to now 30 days.
Notably, regardless of beating the consensus estimate in two of the prior 4 quarters, the corporate posted a median destructive earnings shock of 18.2%.
BP p.l.c. Worth and EPS Shock
BP p.l.c. price-eps-surprise | BP p.l.c. Quote
Revenues Miss: Revenues of $44,202 million missed the Zacks Consensus Estimate of $60,017 million.
Key Stats: Whole manufacturing of two,243thousand barrels of oil equal per day (MBoe/d) was decrease than the year-earlier quarter stage of two,568MBoe/d.
The corporate bought liquids for $38.17 per barrel within the third quarter (versus $55.68 within the year-earlier quarter) and pure gasoline for $2.56 per thousand cubic toes (versus $3.11). Total worth realization decreased to $26.42 per Boe from the year-ago stage of $35.48.
Zacks Rank: Presently, BP has a Zacks Rank #4 (Promote). You’ll be able to see the whole listing of as we speak’s Zacks #1 Rank (Robust Purchase) shares right here.
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BP p.l.c. (BP): Free Inventory Evaluation Report
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