ConocoPhillips (COP) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Analysts on Wall Street project that ConocoPhillips (COP) will announce quarterly earnings of $1.89 per share in its forthcoming report, representing a decline of 21.3% year over year. Revenues are projected to reach $14.47 billion, declining 5.4% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 15% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this t ...