Occidental Petroleum Q4 2023 Adj EPS $0.74 Beats $0.71 Estimate
Portfolio Pulse from Benzinga Newsdesk
Occidental Petroleum (OXY) reported Q4 2023 adjusted earnings per share (EPS) of $0.74, surpassing the analyst consensus estimate of $0.71 by 4.23%.
February 14, 2024 | 9:17 pm
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Occidental Petroleum reported a Q4 2023 adjusted EPS of $0.74, exceeding the consensus estimate of $0.71.
Beating earnings estimates typically leads to positive investor sentiment and can cause a short-term increase in stock price. The beat by 4.23% indicates better-than-expected financial health and operational efficiency.
CONFIDENCE 95
IMPORTANCE 90
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