Earnings Report - ConocoPhillips is set to release its third-quarter earnings results on November 6, with analysts expecting earnings of $1.41 per share, a decrease from $1.78 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $14.63 billion, up from $13.6 billion a year earlier [1] - The company reported better-than-expected earnings for the second quarter on August 7 [1] Stock Performance - Shares of ConocoPhillips fell by 0.2%, closing at $87.70 on Wednesday [2] Analyst Ratings - Susquehanna analyst Biju Perincheril maintained a Positive rating, lowering the price target from $113 to $110 [4] - Wells Fargo analyst Sam Margolin initiated coverage with an Equal-Weight rating and a price target of $100 [4] - Morgan Stanley analyst Devin McDermott maintained an Overweight rating, reducing the price target from $123 to $122 [4] - Raymond James analyst John Freeman maintained an Outperform rating, cutting the price target from $117 to $115 [4] - Melius Research analyst James West initiated coverage with a Hold rating and a price target of $117 [4]
ConocoPhillips Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts