ConocoPhillips Earnings Beat Expectations at $0.11, but Profits Fall Short

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ConocoPhillips Earnings Beat Expectations at $0.11, but Profits Fall Short

According to ConocoPhillips' report, the earnings per share for the third quarter was $1.78, exceeding analysts' expectations of $1.67 by $0.11. The reported profit for the quarter was set at $13.6 billion, while analyst expectations were $13.98 billion.

ConocoPhillips' stock closed the day at $102.98. This level indicates that the company has lost 2.64% of its value over the past three months. The stock has also declined by 7.07% over the last 12 months. Over the last 90 days, ConocoPhillips reported 0 positive earnings per share but 20 negative earnings per share.

You can explore how ConocoPhillips stock price reacted to past earnings reports. According to InvestingPro, ConocoPhillips has a financial health score of "Quite Good." You can review the latest earnings reports of ConocoPhillips and all its financial information here. Stay updated on all developments related to balance sheets by visiting the Investing.com Earnings Calendar.