Is a Beat in Store for ConocoPhillips (COP) in Q1 Earnings?
ConocoPhillips(COP) Zacks Investment Research·2024-04-30 01:26
ConocoPhillips (COP) is set to report first-quarter 2024 earnings on May 2, before the opening bell.In the last reported quarter, the company’s adjusted earnings per share of $2.40 beat the Zacks Consensus Estimate of $2.08. Higher oil equivalent production volumes have led to better-than-expected quarterly results. The positives were partially offset by lower average realized oil equivalent prices.COP’s earnings missed the Zacks Consensus Estimate in three of the trailing four quarters and beat the same on ...