HOUSTON (AP) 鈥� HOUSTON (AP) 鈥� ConocoPhillips (COP) on Thursday reported first-quarter earnings of $2.18 billion.
The Houston-based company said it had profit of $1.78 per share. Earnings, adjusted for non-recurring costs, came to $1.89 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share.
The energy company posted revenue of $16.05 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $14.81 billion.
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