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BP’s third-quarter underlying replacement cost profit, the company’s definition of net income, compared with forecasts of a $6 billion profit in a company-provided survey of analysts.
BP made a profit of $3.3 billion a year earlier and a 14-year high profit of $8.45 billion in the second quarter of 2022.
(This story has been corrected to say that analysts forecast a $6 billion profit, not loss)
