HOUSTON (AP) — HOUSTON (AP) — ConocoPhillips (COP) on Thursday reported third-quarter profit of $2.8 billion.

The Houston-based company said it had net income of $2.32 per share. Earnings, adjusted for non-recurring gains, were $2.16 per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.04 per share.

The energy company posted revenue of $14.87 billion in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $15.32 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COP at https://www.zacks.com/ap/COP

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News