Equinor Q4 Adj. EPS $0.63 Down From $1.85 YoY, Adj. Sales $28.48B Down From $33.55B YoY
Portfolio Pulse from Benzinga Newsdesk
Equinor (NYSE:EQNR) reported a significant decrease in its Q4 adjusted earnings per share, down 65.73% to $0.63 from $1.85 YoY. Sales also decreased by 15.10% to $28.48B from $33.55B YoY.
February 07, 2024 | 6:51 am
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NEGATIVE IMPACT
Equinor reported a significant decrease in Q4 adjusted EPS and sales, indicating a challenging quarter.
The substantial decrease in both earnings per share and sales for Equinor suggests a challenging quarter for the company, which could lead to negative investor sentiment and potentially impact the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100