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EOG Resources (EOG) revealed earnings for its first quarter that climbed from the same period last year.


RTTNews | May 6, 2021 04:42PM EDT

16:41 Thursday, May 6, 2021 (RTTNews.com) - EOG Resources (EOG) revealed earnings for its first quarter that climbed from the same period last year.

The company's earnings totaled $677 million, or $1.16 per share. This compares with $10 million, or $0.02 per share, in last year's first quarter.

Excluding items, EOG Resources reported adjusted earnings of $946 million or $1.62 per share for the period.

Analysts had expected the company to earn $1.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 21.8% to $3.69 billion from $4.72 billion last year.

EOG Resources earnings at a glance:

-Earnings (Q1): $946 Mln. vs. $318 Mln. last year.-EPS (Q1): $1.62 vs. $0.55 last year.-Analysts Estimate: $1.48-Revenue (Q1): $3.69 Bln vs. $4.72 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3192655/eog-resources-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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