EPS for China Petroleum & Chemical Corporation (SNP) Expected At $1.29

March 14, 2018 - By Marie Mckinney

 EPS for China Petroleum & Chemical Corporation (SNP) Expected At $1.29

Analysts expect China Petroleum & Chemical Corporation (NYSE:SNP) to report $1.29 EPS on March, 26.They anticipate $1.13 EPS change or 706.25 % from last quarter’s $0.16 EPS. SNP’s profit would be $1.55 billion giving it 15.94 P/E if the $1.29 EPS is correct. After having $1.31 EPS previously, China Petroleum & Chemical Corporation’s analysts see -1.53 % EPS growth. The stock increased 1.92% or $1.55 during the last trading session, reaching $82.23. About 205,633 shares traded or 15.41% up from the average. China Petroleum & Chemical Corporation (NYSE:SNP) has risen 24.29% since March 14, 2017 and is uptrending. It has outperformed by 7.59% the S&P500.

China Petroleum & Chemical Corporation (NYSE:SNP) Ratings Coverage

Among 6 analysts covering China Petroleum & Chemical Corp (NYSE:SNP), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. China Petroleum & Chemical Corp had 8 analyst reports since August 26, 2015 according to SRatingsIntel. Credit Suisse downgraded China Petroleum & Chemical Corporation (NYSE:SNP) on Tuesday, March 29 to “Neutral” rating. Jefferies upgraded the stock to “Hold” rating in Friday, September 11 report. The rating was upgraded by Jefferies to “Buy” on Wednesday, September 30. The company was initiated on Wednesday, December 6 by Nomura. The rating was downgraded by Macquarie Research on Thursday, November 12 to “Neutral”. The rating was upgraded by HSBC to “Hold” on Wednesday, August 26. The rating was upgraded by Mizuho to “Buy” on Wednesday, March 2. The firm earned “Sell” rating on Friday, August 28 by Citigroup.

China Petroleum & Chemical Corporation, an energy and chemical company, engages in the gas and oil, and chemical activities and businesses in the People's Republic of China and internationally. The company has market cap of $98.87 billion. It operates through Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others divisions. It has a 11.26 P/E ratio. The firm explores for and develops oil fields, and produces and sells natural gas and crude oil; processes and purifies crude oil into refined petroleum products; and makes and sells petroleum products.

More recent China Petroleum & Chemical Corporation (NYSE:SNP) news were published by: Prnewswire.com which released: “China Petroleum & Chemical Corporation Files 2016 Annual Report on Form 20-F” on April 25, 2017. Also Benzinga.com published the news titled: “EXCLUSIVE: Sinopec In Talks To Acquire Anadarko Petroleum” on December 21, 2015. Marketwatch.com‘s news article titled: “China Petroleum & Chemical Corp. ADR” with publication date: August 24, 2009 was also an interesting one.

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