ConocoPhillips Earnings Beat, Revenue Misses In Q1
Investing.com - ConocoPhillips (NYSE:COP) reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1 on revenue of $8.91B. Analysts polled by Investing.com anticipated EPS of $0.91 on revenue of $9.01B. That compared to EPS of $0.96 on revenue of $8.98B in the same period a year earlier. The company had reported EPS of $1.13 on revenue of $10.36B in the previous quarter.
ConocoPhillips shares gained 1.21% to trade at $63.42 in intra-day trade following the report.
ConocoPhillips follows other major Energy sector earnings this month
On Friday, Exxon Mobil reported first quarter EPS of $0.55 on revenue of $63.63B, compared to forecasts of EPS of $0.7 on revenue of $63B.
Chevron earnings Beat analysts' expectations on Friday, with first quarter EPS of $1.32 on revenue of $35.2B. Investing.com analysts expected EPS of $1.3 on revenue of $38.42B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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