Occidental Petroleum (NYSE:OXY) reported its Q4 earnings results on Thursday, February 24, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Occidental Petroleum beat estimated earnings by 33.33%, reporting an EPS of $1.48 versus an estimate of $1.11.
Revenue was up $4.66 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 0.98% drop in the share price the next day.
Here's a look at Occidental Petroleum's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.66 | -0.12 | -0.33 | -0.59 |
| EPS Actual | 0.87 | 0.32 | -0.15 | -0.78 |
| Revenue Estimate | 6.54B | 5.61B | 4.91B | 4.37B |
| Revenue Actual | 6.82B | 6.01B | 5.48B | 3.35B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
