TotalEnergies Q4 Adj. EPS $2.16 Misses $2.24 Estimate, Sales $59.24B Beat $47.50B Estimate
Portfolio Pulse from Benzinga Newsdesk
TotalEnergies reported its Q4 earnings with an EPS of $2.16, missing the estimated $2.28. However, their sales reached $54.77 billion, surpassing the $41.8 billion estimate.
February 07, 2024 | 8:36 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
TotalEnergies' Q4 earnings showed a mixed result with an EPS miss but a significant beat in sales.
The EPS miss might concern some investors about profitability, but the substantial beat in sales could indicate strong demand and operational efficiency. This mixed result creates uncertainty about the short-term stock price direction.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100