The current consensus EPS estimate is $1.15 on $8.59 billion in revenues for the coming quarter and $3.79 on $32.88 billion in revenues for the current fiscal year.At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Delayed quotes by Sungard.Over the last four quarters, the company has surpassed consensus EPS estimates two times.You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. This information will only be used for this request. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.For ConocoPhillips, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate.
Zacks Ranks stocks can, and often do, change throughout the month. See its 7 best stocks FREE.An earnings beat or miss may not be the sole basis for a stock moving higher or lower. For the last reported quarter, it was expected that ConocoPhillips would post earnings of $0.78 per share when it actually produced earnings of $0.82, delivering a surprise of +5.13%. All information is required.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.While ConocoPhillips has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead.
NASDAQ data is at least 15 minutes delayed.Real time prices by BATS. These returns cover a period from January 1, 1988 through July 6, 2020. This compares to earnings of $1.13 … ConocoPhillips (COP) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of $0.81 per share. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).For 32 years, our Strong Buy list has averaged returns more than twice the market. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein.
All information is required.Please note that a negative Earnings ESP reading is not indicative of an earnings miss. …
ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.As an alternative to using this form, you can send us your name and zacks account email with your request to privacy@zacks.com.We need the following information so we can identify you in our systems. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. This has resulted in an Earnings ESP of 0%.As an alternative to using this form, you can send us your name and zacks account email with your request to privacy@zacks.com.The consensus EPS estimate for the quarter has been revised 39.11% higher over the last 30 days to the current level. However, the model's predictive power is significant for positive ESP readings only.The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate.