BP third-quarter profit beats expectations at $2.21 billion

Core Insights - BP reported a third-quarter underlying replacement cost profit of $2.21 billion, exceeding the average analyst estimate of $2.02 billion [1] - The profit decreased compared to $2.27 billion in the same quarter of the previous year [1] Financial Performance - Adjusted net income for the third quarter was $2.21 billion [1] - The average estimate from analysts was $2.02 billion, indicating a positive surprise in earnings [1] - Year-over-year comparison shows a decline from $2.27 billion [1]