CORRECTION: Eni Q2 Adj. EPS $1.24 Down From $2.28 YoY, Sales $21.57B Down From $33.61B YoY
Portfolio Pulse from Benzinga Newsdesk
Eni (NYSE:E) reported Q2 earnings of $1.24 per share, a 45.61% decrease from $2.28 per share YoY. The company's sales also decreased by 35.80% to $21.57 billion from $33.61 billion YoY.
July 28, 2023 | 9:41 am
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Eni's Q2 earnings and sales have significantly decreased YoY. This could potentially impact the company's stock negatively in the short term.
Eni's Q2 earnings and sales have significantly decreased compared to the same period last year. This indicates a potential decline in the company's financial performance, which could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100