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EOG Resources Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters. EOG Resources Earnings and Revenue Beat in Q3

EOG Resources (NYSE 🙂 announced Thursday that the third quarter beat analyst forecasts with revenue surpassing expectations.

EOG Resources reported earnings per share at $2.16 for revenue $4.77B. Investing.com polled analysts to predict EPS of 2.02 on revenues of $4.75B.

EOG Resources shares have risen 94.92% since the start of the year. However, they are still down 5.01% from their 52-week high of $95.64 on October 26. They are outperforming the S&P 500 which is up 24.6% from the start of the year.

After-hours trading for EOG Resources stocks rose 2.37% following the release.

EOG Resources will follow other notable earnings in the Energy sector for this month

EOG Resources reported on Exxon Mobil’s earnings beat on October 29. Exxon Mobil reported an EPS report of $1.58 on revenues of $73.79B. This compares to Exxon Mobil’s forecasts of EPS estimates of $1.56 and revenue of $71.13B.

Chevron exceeded expectations by beating all forecasts on October 29, posting a $34.71B third quarter EPS and EPS estimates of $2.96, on top of revenue of $44.71B. This compares to the $2.2 EPS estimate for revenue of $39.97B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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