02.05.2024 22:20:26 - dpa-AFX: EOG Resources Q1 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - EOG Resources (EOG) released earnings for first
quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $1.79 billion, or $3.10 per share. This compares with $2.02 billion, or $3.45 per share, in last year's first quarter.

Excluding items, EOG Resources reported adjusted earnings of $1.63 billion or
$2.82 per share for the period.

Analysts on average had expected the company to earn $2.70 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 1.3% to $6.12 billion from $6.04
billion last year.

EOG Resources earnings at a glance (GAAP) :

-Earnings (Q1): $1.79 Bln. vs. $2.02 Bln. last year.
-EPS (Q1): $3.10 vs. $3.45 last year.
-Revenue (Q1): $6.12 Bln vs. $6.04 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
EOG RESOURCES DL-,01 877961 Frankfurt 109,980 05.06.24 21:50:00 +0,440 +0,40% 0,000 0,000 109,080 109,980

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