APA Corp Earnings miss, Revenue beats In Q2

  • Investing.com
APA Corp Earnings miss, Revenue beats In Q2

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

APA Corp announced earnings per share of $2.37 on revenue of $3.05B. Analysts polled by Investing.com anticipated EPS of $2.43 on revenue of $2.63B.

APA Corp shares are down 0% from the beginning of the year and are trading at $34.00 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.82% from the start of the year.

APA Corp shares lost 1.25% in after-hours trade the report.

APA Corp follows other major Energy sector earnings this month

APA Corp's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $4.14 on revenue of $115.68B, compared to forecasts EPS of $3.84 on revenue of $111.3B.

Chevron had beat expectations on Friday with second quarter EPS of $5.82 on revenue of $68.76B, compared to forecast for EPS of $5.08 on revenue of $58.66B.

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

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