DCP Midstream (NYSE:DCP) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
DCP Midstream missed estimated earnings by 67.68%, reporting an EPS of $0.32 versus an estimate of $0.99.
Revenue was up $1.06 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.65 which was followed by a 2.9% drop in the share price the next day.
Here's a look at DCP Midstream's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.79 | 0.66 | 0.54 | 0.30 |
| EPS Actual | 1.44 | 0.18 | -0.22 | 0.19 |
| Revenue Estimate | 4.45B | 3.59B | 2.46B | 2.34B |
| Revenue Actual | 3.48B | 2.83B | 2.08B | 2.32B |
To track all earnings releases for DCP Midstream visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
