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Market Impact: 0.35

ConocoPhillips (COP) Q1 Earnings and Revenues Surpass Estimates

COP
Corporate EarningsAnalyst EstimatesCompany Fundamentals

ConocoPhillips reported quarterly EPS of $1.89, beating the Zacks Consensus Estimate of $1.73 by $0.16 per share, or about 9%. Earnings were below the $2.09 per share earned a year ago, indicating a year-over-year decline despite the beat. The print is a modest positive for the stock, driven by the consensus outperformance.

Analysis

ConocoPhillips reported quarterly EPS of $1.89, beating the Zacks Consensus Estimate of $1.73 by $0.16 per share, or about 9%. Earnings were below the $2.09 per share earned a year ago, indicating a year-over-year decline despite the beat. The print is a modest positive for the stock, driven by the consensus outperformance.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

COP0.35