Occidental Petroleum (OXY) Surpasses Q3 Earnings Estimates
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Occidental Petroleum (OXY) reported Q3 earnings of $1 per share, surpassing the Zacks Consensus Estimate of $0.80. This is a decrease from $1.18 per share a year ago.
November 13, 2024 | 12:00 am
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Occidental Petroleum reported Q3 earnings of $1 per share, exceeding expectations of $0.80, but down from $1.18 last year.
The positive earnings surprise is likely to boost investor confidence in the short term, leading to a potential increase in stock price. However, the year-over-year decline in earnings may temper some of the enthusiasm.
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