ConocoPhillips: Q2 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — ConocoPhillips (COP) on Thursday reported second-quarter earnings of $2.33 billion.
The Houston-based company said it had profit of $1.98 per share.
The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.06 per share.
The energy company posted revenue of $14.14 billion in the period, also missing Street forecasts. Seven analysts surveyed by Zacks expected $15.07 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COP at https://www.zacks.com/ap/COP