
British Petroleum reports lower-than-expected profit of $1.38 billion
Image/Reuters
British Petroleum reports lower-than-expected profit of $1.38 billion
LONDON, April 29 (Reuters) – BP (BP.L) on Tuesday reported underlying replacement cost profit, the company’s definition of net income, of $1.38 billion in the first quarter, below company-provided analyst expectations of $1.53 billion.
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