EOG Resources (NYSE:EOG) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
EOG Resources beat estimated earnings by 8.47%, reporting an EPS of $2.69 versus an estimate of $2.48.
Revenue was up $2.06 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07 which was followed by a 4.41% drop in the share price the next day.
Here’s a look at EOG Resources’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 3.37 | 4.18 | 2.67 | 3.72 |
| EPS Actual | 3.30 | 3.71 | 2.74 | 4 |
| Revenue Estimate | 6.62B | 7.35B | 5.92B | 5.78B |
| Revenue Actual | 6.72B | 7.59B | 7.41B | 3.98B |
To track all earnings releases for EOG Resources visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
