ConocoPhillips: Q1 Earnings Insights

ConocoPhillips COP reported its Q1 earnings results on Thursday, May 5, 2022 at 07:00 AM.

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

ConocoPhillips beat estimated earnings by 9.0%, reporting an EPS of $3.27 versus an estimate of $3.0.

Revenue was up $8.73 billion from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 1.1% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	2.18	1.45	0.97	0.51
EPS Actual	2.27	1.77	1.27	0.69
Revenue Estimate	13.79B	10.81B	9.75B	8.07B
Revenue Actual	15.96B	11.62B	10.21B	10.56B

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

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

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