Upcoming Earnings Reports: BP and Intel Q3 Results
BP to Announce Q3 Earnings
BP, the British multinational oil and gas company, is set to announce its Q3 earnings on Tuesday, November 1, before the market opens. Analysts are expecting the company to report earnings per share (EPS) of $0.65, which would be a significant increase from the $0.06 EPS reported in the same quarter last year. This increase is largely due to the rising price of oil and gas, which has boosted BP's profits.
BP's Q3 earnings report will be closely watched by investors, as it will provide insights into the company's financial performance and its outlook for the future. The company has been facing some challenges in recent months, including the war in Ukraine and the global energy crisis. However, BP's strong financial performance in the first half of the year suggests that it is well-positioned to weather these challenges.
Intel to Announce Q3 Earnings
Intel, the American multinational technology company, is set to announce its Q3 earnings on Thursday, October 27, after the market closes. Analysts are expecting the company to report EPS of $0.37, which would be a decrease from the $0.50 EPS reported in the same quarter last year. This decrease is largely due to the global chip shortage, which has impacted Intel's sales.
Intel's Q3 earnings report will be closely watched by investors, as it will provide insights into the company's financial performance and its outlook for the future. Intel has been facing some challenges in recent months, including the global chip shortage and the rising cost of raw materials. However, the company's strong financial performance in the first half of the year suggests that it is well-positioned to weather these challenges.