ConocoPhillips Q3 adjusted earnings Beat Estimates

(RTTNews) - ConocoPhillips (COP) released earnings for its third quarter that increased from last year.

The company's earnings came in at $1.86 billion, or $1.59 per share. This compares with $0.42 billion, or $0.34 per share, in last year's third quarter.

Excluding items, ConocoPhillips reported adjusted earnings of $1.60 billion or $1.36 per share for the period.

Analysts had expected the company to earn $1.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

ConocoPhillips earnings at a glance:

-Earnings (Q3): $1.60 Bln. vs. $0.20 Bln. last year. -EPS (Q3): $1.36 vs. $0.16 last year. -Analysts Estimate: $1.18