LONDON (AP) _ BP PLC (BP) on Tuesday reported a loss of $2.16 billion in its third quarter.
On a per-share basis, the London-based company said it had a loss of 69 cents. Earnings, adjusted for non-recurring costs, came to $2.59 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.94 per share.
The oil and gas company posted revenue of $57.81 billion in the period.
BP shares have climbed 25% since the beginning of the year. The stock has climbed 16% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BP at https://www.zacks.com/ap/BP
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