Analysts See $0.97 EPS for China Petroleum & Chemical Corp (ADR) (SNP)

October 13, 2017 - By Marie Mckinney

 Analysts See $0.97 EPS for China Petroleum & Chemical Corp (ADR) (SNP)

Wall Street await China Petroleum & Chemical Corp (ADR) (NYSE:SNP) to release earnings on October, 26. Analysts forecast earnings per share of $0.97, down exactly $0.29 or 23.02 % from 2014’s $1.26 EPS. The expected SNP’s profit could reach $1.35B giving the stock 19.16 P/E in the case that $0.97 earnings per share is reported. After posting $1.09 EPS for the previous quarter, China Petroleum & Chemical Corp (ADR)’s analysts now forecast -11.01 % negative EPS growth. The stock decreased 0.72% or $0.54 on October 12, reaching $74.34. About 186,362 shares traded or 5.66% up from the average. China Petroleum & Chemical Corp (ADR) (NYSE:SNP) has risen 24.29% since October 13, 2016 and is uptrending. It has outperformed by 7.59% the S&P500.

China Petroleum & Chemical Corp (ADR) (NYSE:SNP) Ratings Coverage

Among 5 analysts covering China Petroleum & Chemical Corp (NYSE:SNP), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. China Petroleum & Chemical Corp had 7 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was upgraded by Mizuho on Wednesday, March 2 to “Buy”. The stock of China Petroleum & Chemical Corp (ADR) (NYSE:SNP) earned “Hold” rating by Jefferies on Friday, September 11. The firm has “Buy” rating given on Wednesday, September 30 by Jefferies. The stock has “Sell” rating by Citigroup on Friday, August 28. The stock of China Petroleum & Chemical Corp (ADR) (NYSE:SNP) earned “Neutral” rating by Credit Suisse on Tuesday, March 29. The stock has “Neutral” rating by Macquarie Research on Thursday, November 12. The rating was upgraded by HSBC to “Hold” on Wednesday, August 26.

China Petroleum & Chemical Corporation is a China energy and chemical company. The company has market cap of $103.64 billion. The Company’s divisions include Exploration and Development segment, Refining segment, Marketing and Distribution segment, Chemicals segment, and Corporate and Others segment. It has a 10.86 P/E ratio. Exploration and Development segment explores and develops oil fields, as well as produces natural gas and crude oil.

More news for China Petroleum & Chemical Corp (ADR) (NYSE:SNP) were recently published by: Prnewswire.com, which released: “China Petroleum & Chemical Corporation Files 2016 Annual Report on Form 20-F” on April 25, 2017. Marketwatch.com‘s article titled: “74.37” and published on August 24, 2009 is yet another important article.

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