Eni Q3 EPS $1.18 Down From $2.13 YoY, Sales $24.28B Down From $37.56B YoY
Portfolio Pulse from Benzinga Newsdesk
Eni (NYSE:E) reported Q3 earnings of $1.18 per share, a 44.6% decrease from $2.13 YoY. Sales also decreased by 35.36% to $24.28 billion from $37.56 billion YoY.
October 27, 2023 | 9:56 am
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NEGATIVE IMPACT
Eni's Q3 earnings and sales have significantly decreased YoY. Earnings per share are down 44.6% and sales are down 35.36%.
Eni's significant YoY decrease in both earnings and sales could negatively impact investor sentiment, potentially leading to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100