BP: Q4 Earnings Snapshot
BP PLC (BP) on Tuesday reported fourth-quarter net income of $10.8 billion. On a per-share basis, the London-based company said it had net income of $3.50. Earnings, adjusted for non-recurring gains, came to $1.59 per share. The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share
By AP News
Published - Feb 07, 2023, 05:09 AM ET
Last Updated - Apr 10, 2024, 09:34 AM EDT
LONDON (AP) — LONDON (AP) — BP PLC (BP) on Tuesday reported fourth-quarter net income of $10.8 billion.
On a per-share basis, the London-based company said it had net income of $3.50. Earnings, adjusted for non-recurring gains, came to $1.59 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share.
The oil and gas company posted revenue of $70.36 billion in the period.
