BP PLC reports results for the quarter ended September 30 - Earnings Summary
BP PLC reports results for the quarter ended September 30 - Earnings Summary
BP PLC BP.L reported quarterly adjusted earnings of 54 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of seven analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 42 cents to 49 cents per share.
Revenue rose 41.9% to $69.88 billion from a year ago; analysts expected $68.09 billion.
BP PLC's reported EPS for the quarter was 20 cents.
The company reported quarterly net income of $4.7 billion.
BP PLC shares had risen by 13.6% this quarter and gained 44.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 115.8% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is also "buy"
Wall Street's median 12-month price target for BP PLC is GBp650.00, about 4% above its last closing price of GBp624.30
This summary was machine generated from LSEG data October 30 at 10:33 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 0.47 | 0.54 | Beat |
Jun. 30 2026 | 0.33 | 0.37 | Beat |
Mar. 31 2026 | 0.17 | 0.20 | Beat |
Dec. 31 2025 | 0.10 | 0.10 | Met |
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BP PLC reports results for the quarter ended September 30 - Earnings Summary