BP p.l.c. ($BP) Q3 2024 Earnings Sneak peek

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Save the date! Tuesday 29th October 2024, is when BP p.l.c. (NYSE: BP) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.

According to the forecasts of financial experts on Wall Street, the firm is expected to reveal an anticipated $0.76 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $52.56 billion.

During the same quarter of the previous year, the company's earnings report indicated a per-share income of $1.15. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $53.27 billion during that specific period.

The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $205.87 billion. In addition, they anticipate the company to report profit of $3.77 per share for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.00 +12.4% 47.30 B -2.6%
Q1 2024 $0.97 -41.6% 48.88 B -13.0%
Q4 2023 $1.07 -32.7% 52.14 B -24.7%
Q3 2023 $1.15 -55.6% 53.27 B -3.2%
Q2 2023 $0.89 -65.9% 48.54 B -28.5%
*Growth on year-over-year basis

 

During Friday's trading, BP p.l.c. (BP) shares reached a low of $31.37 and a high of $31.68, along with a total volume of 4.48 million shares. The stock ended the regular trading session at $31.52, demonstrating a gain of 0.70 percent.