Pre Q2 Earnings: How Should You Play ConocoPhillips (COP)?

ConocoPhillips (COP) is set to report second-quarter 2024 results on Aug 1, 2024, before the opening bell.The Zacks Consensus Estimate for second-quarter earnings is pegged at $2.06 per share, implying growth of almost 12% from the year-ago reported number. The estimate was revised downward by six analysts in the past 30 days against one upward movement. The Zacks Consensus Estimate for quarterly revenues is currently pegged at $15.1 billion, suggesting an almost 17% uptick from the year-ago actuals. Image ...