ConocoPhillips Earnings, Revenue Miss in Q2
Investing.com - ConocoPhillips (NYSE:COP) reported second quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.01 on revenue of $8.38B. Analysts polled by Investing.com forecast EPS of $1.05 on revenue of $9.28B. That compared to EPS of $1.09 on revenue of $9.24B in the same period a year earlier. The company had reported EPS of $1 on revenue of $10.06B in the previous quarter.
ConocoPhillips follows other major Energy sector earnings this month
On Thursday, Total ADR reported second quarter EPS of $1.05 on revenue of $45.2B, compared to forecasts of EPS of $1.12 on revenue of $46.95B.
BP ADR earnings beat analysts' expectations on Tuesday, with second quarter EPS of $0.83 on revenue of $73.75B. Investing.com analysts expected EPS of $0.76 on revenue of $71.5B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
Related Articles
Karmic reckoning? Investors in activist hedge funds agitate for change
Corning Earnings, Revenue Beat in Q2
Huawei Technologies posts 23% first half revenue growth amid U.S. sanctions
