BP (NYSE:BP) reported its Q1 earnings results on Tuesday, May 3, 2022 at 03:00 AM.
Here's what investors need to know about the announcement.
Earnings
BP beat estimated earnings by 44.36%, reporting an EPS of $1.92 versus an estimate of $1.33.
Revenue was up $14.71 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.55% increase in the share price the next day.
Here's a look at BP's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.17 | 0.92 | 0.56 | 0.38 |
| EPS Actual | 1.23 | 0.99 | 0.83 | 0.78 |
| Revenue Estimate | 46.67B | 38.95B | 37.72B | 58.92B |
| Revenue Actual | 50.55B | 36.17B | 36.47B | 34.54B |
To track all earnings releases for BP visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
