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ConocoPhillips Q4 adjusted earnings Miss Estimates

ConocoPhillips (COP) revealed earnings for fourth quarter that dropped from last year.

The company's earnings totaled $0.72 billion, or $0.65 per share. This compares with $1.87 billion, or $1.61 per share, in last year's fourth quarter.

Excluding items, ConocoPhillips reported adjusted earnings of $0.83 billion or $0.76 per share for the period.

Analysts had expected the company to earn $0.80 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

ConocoPhillips earnings at a glance:

-Earnings (Q4): $0.83 Bln. vs. $1.31 Bln. last year.
-EPS (Q4): $0.76 vs. $1.13 last year.
-Analysts Estimate: $0.80

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