Add as a preferred source on GoogleBP Q3 Forecast Calls for $2.62 EPS and Up to $4.5 Billion in Charges
BP is scheduled to report before U.S. markets open Friday, Oct. 30. Revenue is estimated at $64.54 billion, up 31.0% year over year.
BP p.l.c. is scheduled to release third-quarter results before U.S. markets open Friday, Oct. 30, with Wall Street’s average estimate calling for earnings of $2.62 per share.
The earnings estimate is 208.2% above the year-earlier quarter. Revenue is forecast at $64.54 billion, up 31.0% year over year. The quarter is expected to include $3 billion to $4.5 billion in impairment charges after taxes.
BP reached its 2027 net-debt target ahead of schedule after net debt fell by about $8 billion over three months. TokenPost previously covered BP reaching its 2027 net-debt target early.
The company’s third-quarter results are due before U.S. markets open Friday, Oct. 30.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.