BP (NYSE:BP) reported quarterly earnings of $0.53 per share which missed the analyst consensus estimate of $0.69 by 23.19 percent. This is a 45.36 percent decrease over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $46.91 billion which beat the analyst consensus estimate of $40.12 billion by 16.91 percent. This is a 4.04 percent decrease over sales of $48.88 billion the same period last year.