Insights into BP's Upcoming Earnings
Portfolio Pulse from Benzinga Insights
BP is set to release its quarterly earnings on October 29, 2024, with analysts expecting an EPS of $0.89. Investors are keen on not just an earnings beat but also positive future guidance. BP's past performance shows mixed results, with a recent 15.72% decline in share price over the last year.
October 28, 2024 | 2:01 pm
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BP is expected to announce its quarterly earnings with an EPS estimate of $0.89. Investors are looking for an earnings beat and positive guidance, which could influence the stock price.
BP's upcoming earnings release is significant as it could impact the stock price based on whether the company beats the EPS estimate and provides positive guidance. Past performance shows that an earnings beat led to a stock price increase, indicating potential positive short-term impact if expectations are exceeded.
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IMPORTANCE 80
RELEVANCE 100