Investors Are Eagerly Waiting For Equinor ASA ($EQNR) Q3 2024 Earnings

52

The third quarter financial results of Equinor ASA (NYSE: EQNR) will be revealed on Thursday 24th October 2024. This eagerly awaited announcement is slated to occur before market open, enabling investors and market participants to gain valuable insights into the company's financial performance.

Financial analysts on Wall Street are predicting that the organization is expected to report an estimated per share $0.73 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $24.98 billion during this period.

In the same three months of the year before, the company made income of $0.92 per share, as shown in their financial report. This number came from the total revenue of $25.74 billion that the company earned in that particular quarter.

Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $89.28 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $3.28 during the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.84 +15.1% 25.54 B +10.4%
Q1 2024 $0.96 -14.3% 24.79 B -13.1%
Q4 2023 $0.63 -65.9% 28.48 B -15.1%
Q3 2023 $0.92 -56.8% 25.74 B -40.6%
Q2 2023 $0.73 -53.2% 23.13 B -36.3%
*Growth on year-over-year basis

 

Throughout Tuesday's trading, Equinor ASA (EQNR) shares fluctuated between $24.42 and $24.72, with a trading volume of 3.25 million shares. The stock ended the regular trading session at $24.57, demonstrating a rise of 0.99 percent.