DCP Midstream (NYSE:DCP) reported its Q4 earnings results on Wednesday, February 9, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
DCP Midstream beat estimated earnings by 82.28%, reporting an EPS of $1.44 versus an estimate of $0.79.
Revenue was up $1.69 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.48, which was followed by a 2.45% drop in the share price the next day.
Here's a look at DCP Midstream's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.66 | 0.54 | 0.30 | 0.49 |
| EPS Actual | 0.18 | -0.22 | 0.19 | 0.34 |
| Revenue Estimate | 3.59B | 2.46B | 2.34B | 2.46B |
| Revenue Actual | 2.83B | 2.08B | 2.32B | 1.78B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
