Zacks Research Has Pessimistic Outlook of BP Q3 Earnings

BP p.l.c. (NYSE:BP - Free Report) - Equities researchers at Zacks Research reduced their Q3 2025 earnings estimates for shares of BP in a research note issued on Monday, May 19th. Zacks Research analyst R. Department now expects that the oil and gas exploration company will post earnings of $0.58 per share for the quarter, down from their previous estimate of $0.94. The consensus estimate for BP's current full-year earnings is $3.53 per share. Zacks Research also issued estimates for BP's Q4 2025 earnings at $0.67 EPS, FY2025 earnings at $2.46 EPS, Q2 2026 earnings at $0.69 EPS, Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.69 EPS, FY2026 earnings at $2.69 EPS and FY2027 earnings at $3.17 EPS.

BP (NYSE:BP - Get Free Report) last posted its earnings results on Tuesday, April 29th. The oil and gas exploration company reported $0.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by ($0.03). The business had revenue of $46.91 billion for the quarter, compared to analyst estimates of $40.12 billion. BP had a net margin of 0.20% and a return on equity of 10.96%. The company's revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.97 earnings per share.

Several other research firms have also commented on BP. UBS Group lowered BP from a "buy" rating to a "neutral" rating in a research report on Thursday, April 10th. TD Securities reissued a "hold" rating and set a $36.00 price target (down from $40.00) on shares of BP in a report on Wednesday, March 19th. Morgan Stanley cut shares of BP from an "equal weight" rating to an "underweight" rating and set a $26.50 price objective for the company. in a report on Monday, May 12th. Scotiabank lowered their target price on shares of BP from $34.00 to $30.00 and set a "sector perform" rating on the stock in a research note on Friday, April 11th. Finally, Piper Sandler cut their price target on BP from $35.00 to $32.00 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating, two have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, BP presently has a consensus rating of "Hold" and a consensus target price of $35.28.

BP Stock Down 1.0%

Shares of BP opened at $28.92 on Thursday. The company has a market capitalization of $78.52 billion, a price-to-earnings ratio of 361.56, a PEG ratio of 1.12 and a beta of 0.51. BP has a 52 week low of $25.22 and a 52 week high of $37.58. The stock's 50-day moving average price is $29.95 and its 200-day moving average price is $30.58. The company has a quick ratio of 0.97, a current ratio of 1.25 and a debt-to-equity ratio of 0.70.

BP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, May 16th will be issued a $0.48 dividend. The ex-dividend date is Friday, May 16th. This represents a $1.92 dividend on an annualized basis and a yield of 6.64%. BP's payout ratio is currently -413.04%.

Institutional Investors Weigh In On BP

Large investors have recently modified their holdings of the business. Ransom Advisory Ltd purchased a new position in shares of BP in the first quarter worth about $131,000. Great Lakes Advisors LLC raised its holdings in BP by 6.0% in the 1st quarter. Great Lakes Advisors LLC now owns 8,022 shares of the oil and gas exploration company's stock valued at $271,000 after acquiring an additional 451 shares during the last quarter. Baird Financial Group Inc. lifted its stake in BP by 8.0% in the 1st quarter. Baird Financial Group Inc. now owns 82,628 shares of the oil and gas exploration company's stock worth $2,792,000 after purchasing an additional 6,110 shares in the last quarter. Gamco Investors INC. ET AL purchased a new stake in shares of BP in the first quarter valued at approximately $261,000. Finally, Gabelli Funds LLC increased its holdings in shares of BP by 2.5% in the first quarter. Gabelli Funds LLC now owns 358,800 shares of the oil and gas exploration company's stock valued at $12,124,000 after purchasing an additional 8,700 shares during the last quarter. Hedge funds and other institutional investors own 11.01% of the company's stock.

BP Company Profile

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.

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