Equinor Q3 Earnings Surpass Estimates, Revenues Decline Y/Y
Equinor(EQNR) ZACKS·2024-10-25 00:26
Equinor ASA (EQNR) reported third-quarter 2024 adjusted earnings per share of 79 cents, which beat the Zacks Consensus Estimate of 74 cents. However, the bottom line declined from the year-ago quarter’s 98 cents.Total quarterly revenues of $25,416 million declined from $25,924 million in the prior-year quarter. However, the top line surpassed the Zacks Consensus Estimate of $24,447 million.Better-than-expected quarterly earnings can be attributed to higher daily production of liquids and gas, driven by the ...