01.11.2018 22:21:28

EOG Resources Q3 adjusted earnings Beat Estimates

(RTTNews) - EOG Resources (EOG) revealed earnings for its third quarter that rose from the same period last year.

The company's earnings totaled $1.19 billion, or $2.05 per share. This compares with $0.10 billion, or $0.17 per share, in last year's third quarter.

Excluding items, EOG Resources reported adjusted earnings of $1.01 billion or $1.75 per share for the period.

Analysts had expected the company to earn $1.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 81.1% to $4.78 billion from $2.64 billion last year.

EOG Resources earnings at a glance:

-Earnings (Q3): $1.01 Bln. vs. $0.11 Bln. last year. -EPS (Q3): $1.75 vs. $0.19 last year. -Analysts Estimate: $1.53 -Revenue (Q3): $4.78 Bln vs. $2.64 Bln last year.

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EOG Resources Inc. 122,70 4,25% EOG Resources Inc.