Equinor Q3 2024 Adj. EPS $0.79 Beats $0.73 Estimate, Sales $25.518B Beat $24.984B Estimate
Portfolio Pulse from Benzinga Newsdesk
Equinor reported Q3 2024 earnings per share of $0.79, surpassing the analyst estimate of $0.73, despite a year-over-year decrease. Sales also exceeded expectations at $25.518 billion, though slightly down from the previous year.
October 24, 2024 | 5:01 am
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Equinor's Q3 2024 earnings per share of $0.79 beat expectations, though they decreased from last year. Sales also exceeded estimates at $25.518 billion, indicating strong performance despite a slight year-over-year decline.
Equinor's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The year-over-year decline in both metrics may temper enthusiasm, but the beat on estimates suggests resilience and could lead to a short-term positive impact on the stock price.
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