ConocoPhillips (NYSE:COP) reported its Q1 earnings results on Thursday, May 5, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
ConocoPhillips beat estimated earnings by 9.0%, reporting an EPS of $3.27 versus an estimate of $3.0.
Revenue was up $8.73 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 1.1% increase in the share price the next day.
Here's a look at ConocoPhillips's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.18 | 1.45 | 0.97 | 0.51 |
| EPS Actual | 2.27 | 1.77 | 1.27 | 0.69 |
| Revenue Estimate | 13.79B | 10.81B | 9.75B | 8.07B |
| Revenue Actual | 15.96B | 11.62B | 10.21B | 10.56B |
To track all earnings releases for ConocoPhillips visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
