BP reports lower-than-expected Q3 earnings due to drop in energy prices

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 10 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Business Новости

BP,Earnings,Q3

BP reported third-quarter earnings of $3.3 billion, falling short of analysts' forecasts, as energy prices dropped compared to the previous year. The company also extended its $1.5 billion share repurchase programme. BP's net income, as measured by underlying replacement cost profit, was below the expected $4 billion.

LONDON - BP reported on Tuesday third-quarter earnings of $3.3 billion, missing analysts' forecasts, after a large drop in energy prices from a year ago, as the company extended its $1.5 billion share repurchase programme.

BP's third-quarter underlying replacement cost profit, the company's definition of net income, missed forecasts of $4 billion in a company-provided survey of analysts.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 45. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

McDonald's reports boom in digital sales in Q3 earnings beatMcDonald's (MCD) released its third-quarter earnings, beating estimates with an 11% increase in global system-wide sales while global same-store sales jumped...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

SoFi cites student loan repayments in Q3 earnings beatSoFi (SOFI) shares jumped on better-than-expected third-quarter earnings results, boosted by the return of federal student loan payments. Dominick Gabriele, ...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

McDonald's earnings top Q3 estimates, sees global sales jumpFast food giant McDonald's (MCD) topped third-quarter earnings estimates and saw same-store sales rise by 8.8% globally. Furthermore, global systemwide sales...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

AB InBev to report Q3 earnings Tuesday: What to watch forBeer maker Anheuser-Busch InBev (BUD) will report third-quarter earnings on Tuesday, October 31. Analysts expect volume growth to decline for another...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »