HOUSTON (AP) — HOUSTON (AP) — ConocoPhillips (COP) on Thursday reported third-quarter net income of $2.06 billion.
On a per-share basis, the Houston-based company said it had net income of $1.76. Earnings, adjusted for non-recurring costs, came to $1.78 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.
The energy company posted revenue of $13.6 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $14.46 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
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