Recap: BP Q1 Earnings

BP BP reported its Q1 earnings results on Tuesday, May 3, 2022 at 03:00 AM.

Here's what investors need to know about the announcement.

BP beat estimated earnings by 44.36%, reporting an EPS of $1.92 versus an estimate of $1.33.

Revenue was up $14.71 billion from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 0.55% increase in the share price the next day.

Here's a look at BP's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.17	0.92	0.56	0.38
EPS Actual	1.23	0.99	0.83	0.78
Revenue Estimate	46.67B	38.95B	37.72B	58.92B
Revenue Actual	50.55B	36.17B	36.47B	34.54B

To track all earnings releases for BP visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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