ConocoPhillips (NYSE: COP) has announced that it will be unveiling its third quarter financial results on Thursday 31st October 2024. This announcement is set to occur before market open, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
According to the forecasts of financial experts on Wall Street, the organization is poised to announce an anticipated per share $1.64 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $14.02 billion for this specific period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $2.16. This figure was attributed to the company's total revenue, which reached an impressive $14.87 billion during that same period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $57.44 billion. Additionally, they expect the company to reach profit of $7.62 per share for the fiscal year.
COP will host a conference call with investment community on 31st October 2024 at 12:00 PM eastern time to discuss the financial results.
The previous trading day saw ConocoPhillips (COP) shares trading between $102.16 and $103.76, besides a volume of 3.81 million shares. The stock closed Tuesday's regular trading session at $102.32, demonstrating 0.91 percent drop.
