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BP Q3 Forecast Calls for $2.62 EPS and Up to $4.5 Billion in Charges

BP Q3 Forecast Calls for $2.62 EPS and Up to $4.5 Billion in Charges

Photo: TokenPost

BP p.l.c. is scheduled to release third-quarter results before U.S. markets open Friday, Oct. 30, with Wall Street’s average estimate calling for earnings of $2.62 per share. The earnings estimate is 208.2% above the year-earlier quarter. Revenue is forecast at $64.54 billion, up 31.0% year over year. The quarter is expected to include $3 billion to $4.5 billion in impairment charges after taxes. BP reached its 2027 net-debt target ahead of schedule after net debt fell by about $8 billion over three months. TokenPost previously covered BP reaching its 2027 net-debt target early .

Source: TokenPost

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