APA Corp Earnings miss, Revenue beats In Q1

  • Investing.com
APA Corp Earnings miss, Revenue beats In Q1

Investing.com - APA Corp reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

APA Corp announced earnings per share of $1.92 on revenue of $2.67B. Analysts polled by Investing.com anticipated EPS of $2.21 on revenue of $2.42B.

APA Corp shares are up 68% from the beginning of the year and are trading at $44.56 , down-from-52-week-high.They are outperforming the Nasdaq which is down 17.13% from the start of the year.

APA Corp shares lost 1.42% in after-hours trade the report.

APA Corp follows other major Energy sector earnings this month

APA Corp's report follows an earnings missed by Exxon Mobil on Friday, who reported EPS of $2.07 on revenue of $90.5B, compared to forecasts EPS of $2.23 on revenue of $82.84B.

Chevron had missed expectations on Friday with first quarter EPS of $3.36 on revenue of $54.37B, compared to forecast for EPS of $3.4 on revenue of $51.14B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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