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

March 21, 2018 - By Vivian Park

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

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 $1.55B giving it 16.34 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 2.83% or $2.32 during the last trading session, reaching $84.34. About 165,670 shares traded. China Petroleum & Chemical Corporation (NYSE:SNP) has risen 24.29% since March 21, 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. On Friday, August 28 the stock rating was upgraded by Citigroup to “Sell”. The stock of China Petroleum & Chemical Corporation (NYSE:SNP) earned “Neutral” rating by Nomura on Wednesday, December 6. The firm earned “Buy” rating on Wednesday, March 2 by Mizuho. Credit Suisse downgraded the shares of SNP in report on Tuesday, March 29 to “Neutral” rating. Macquarie Research downgraded the stock to “Neutral” rating in Thursday, November 12 report. The rating was upgraded by Jefferies on Friday, September 11 to “Hold”. The rating was upgraded by HSBC to “Hold” on Wednesday, August 26. The stock of China Petroleum & Chemical Corporation (NYSE:SNP) has “Buy” rating given on Wednesday, September 30 by Jefferies.

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 $101.08 billion. It operates through Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others divisions. It has a 11.55 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 news for China Petroleum & Chemical Corporation (NYSE:SNP) were recently published by: Marketwatch.com, which released: “This stock might be your best bargain investment in China’s growth” on February 01, 2018. Marketwatch.com‘s article titled: “China Petroleum & Chemical Corp. ADR” and published on August 24, 2009 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.