BP p.l.c. (NYSE: BP) had a profit of $0.81/ADR, down from $2.37, but much better than our $0.53 estimate, during the three months that ended 31 March 2009.
The spreadsheet below compares the actual results to our Income Statement model of BP. Please note that our arrangement of data may differ in material respects from the company's presentation.
We will post a thorough evaluation soon.
http://sheet.zoho.com/public/ncarvin/bp-income-statement-2009q1?mode=html
28 April 2009
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