Post-earnings recap
Reported
Tue, May 10, 2022
Est. EPS
—
Est. revenue
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Implied move
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EPS beat rate
75%
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Est. EPS
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Est. Rev
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Impl. Move
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Occidental Petroleum's earnings report showed a significant miss on EPS, which typically raises concerns about profitability. However, the stock reacted positively, increasing by 2.71%. This could indicate that investors are optimistic about future performance despite the current earnings shortfall.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $-0.15 | N/A | -107.61% |
| Revenue | N/A | N/A | N/A |
No transcript is on record, and the analysis is based on numerical results only.