ConocoPhillips Q3 Adj. EPS $2.16 Beats $1.97 Estimate
Portfolio Pulse from Benzinga Newsdesk
ConocoPhillips reported Q3 earnings of $2.16 per share, beating the analyst consensus estimate of $1.97 by 9.64%. However, this is a 40% decrease from the same period last year.
November 02, 2023 | 11:06 am
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ConocoPhillips' Q3 earnings per share of $2.16 beat estimates but are down 40% compared to the same period last year.
While ConocoPhillips beat the Q3 earnings estimate, the 40% decrease from the same period last year could potentially concern investors. This mixed result makes the short-term impact on the stock price uncertain.
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