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BP: Q3 Earnings Snapshot
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LONDON (AP) — LONDON (AP) — BP PLC (BP) on Friday reported third-quarter net income of $4.7 billion.

The London-based company said it had net income of $1.79 per share. Earnings, adjusted for non-recurring costs, were $3.26 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.66 per share.

The oil and gas company posted revenue of $69.88 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $66.19 billion.

BP shares have climbed 45% since the beginning of the year. The stock has risen 43% in the last 12 months.

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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 BP at https://www.zacks.com/ap/BP

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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