TotalEnergies (TTE) Q2 Earnings and Revenues Lag Estimates
TTETotalEnergies(TTE) ZACKS·2024-07-26 00:01

TotalEnergies SE (TTE) reported second-quarter 2024 operating earnings of $1.98 (€1.85) per share, missing the Zacks Consensus Estimate of $2.11 by 6.2%.The bottom line declined 0.5% from the year-ago figure of $1.99 (€1.84). The year-over-year decline was due to lower refining margins.Total RevenuesTotal revenues for the second quarter were $53.7 billion, which lagged the year-ago reported revenues of $56.3 billion by 4.5%.ProductionIn the second quarter, hydrocarbon production averaged 2,441 thousand barr ...