Preview Of Total S.A. ($TOT) 3Q20 Earnings

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Total S.A. (NYSE:TOT) is expected to report third quarter earnings results, before market open, on Friday 30th October 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.08 per share.

Looking ahead, the full year income are expected at $ 1.07 per share on the revenues of $ 168797.00 million.

Previous Quarter Performance

Total S.A. posted income for the second quarter of $ 0.02 per share, from the revenue of $ 25,730.00 million. The quarterly earnings shrunk 98.10 percent while revenues declined 43.15 percent compared with the same quarter last year.
The consensus estimates are loss of $ 0.20 per share from $ 39253.00 million in revenue. The bottom line results beat street analysts by $ 0.22 or 110.00 percent, at the same time, top line results fell short of analysts by $ 13 million or 34.45 percent.

Stock Performance

Shares of Total S.A. traded up $ 0.59 or 2.02 percent on Thursday, reaching $ 29.75 with volume of 3.30 million shares. Total S.A. has traded high as $ 29.76 and has cracked $ 28.65 on the downward trend

According to the previous trading day, closing price of $ 29.75, representing a 31.77 % increase from the 52 week low of $ 22.13 and a 48.76 % decrease over the 52 week high of $ 56.91.

The company has a market capital of $ 79.84 billion and is part of the Energy sector and Oil & Gas Integrated industry.

Recent Analyst recommendations

  • On 24th September 2020, initiated by Scotiabank at Sector Perform rating, with $ 44.00 target price.

Recent Stock Dividend Announcement

On July 29, 2020, the board of directors authorized quarterly dividend of $ 0.73 per share to holders of record as of the close of business on September 28, 2020, with payment date of October 2, 2020 and ex-dividend date on September 25, 2020.

TOTAL S.A. operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services.