Equinor Q2 EPS $0.73 Down From $1.56 YoY, Sales $23.13B Down From $36.31B YoY
Portfolio Pulse from Benzinga Newsdesk
Equinor (NYSE:EQNR) reported Q2 earnings of $0.73 per share, a 52.95% decrease YoY. The company also reported $23.13 billion in sales, a 36.31% decrease YoY.
July 26, 2023 | 5:14 am
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NEGATIVE IMPACT
Equinor's Q2 earnings and sales have significantly decreased compared to the same period last year. This could potentially impact the company's stock negatively in the short term.
Equinor's Q2 earnings and sales have significantly decreased compared to the same period last year. This indicates a potential financial instability which could lead to a decrease in investor confidence, potentially impacting the company's stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100