DCP Midstream (NYSE:DCP) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
DCP Midstream missed estimated earnings by 9.17%, reporting an EPS of $0.99 versus an estimate of $1.09.
Revenue was down $649.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 0.0% increase in the share price the next day.
Here’s a look at DCP Midstream’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.02 | 1.13 | 1.09 | 0.99 |
| EPS Actual | 1.13 | 1.50 | 1.77 | 0.32 |
| Revenue Estimate | 4.50B | 5.71B | 4.49B | 3.30B |
| Revenue Actual | 3.03B | 4.13B | 4.27B | 3.38B |
To track all earnings releases for DCP Midstream visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
