Occidental Petroleum Q1 Adj $0.63 Beats $0.60 Estimate, Sales $6.01B Miss $6.70B Estimate
Author: Benzinga Newsdesk | May 07, 2024 04:18pm
Occidental Petroleum (NYSE:
OXY) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.60 by 5 percent. This is a 42.2 percent decrease over earnings of $1.09 per share from the same period last year. The company reported quarterly sales of $6.01 billion which missed the analyst consensus estimate of $6.70 billion by 10.30 percent. This is a 17.19 percent decrease over sales of $7.26 billion the same period last year.
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