Published on 26 Apr 2024 on Zacks via Yahoo Finance
TotalEnergies (TTE) Q1 Earnings Beat Estimates, Sales Down Y/Y
TotalEnergies SE TTE reported first-quarter 2024 operating earnings of $2.14 (€1.97) per share, surpassing the Zacks Consensus Estimate of $1.96 by 9.2%.The bottom line declined 18% from the year-ago figure of $2.61 (€2.43). The year-over-year decline was due to a fall in natural gas prices.
Total Revenues
Total revenues for the first quarter were $56.3 billion, which lagged the year-ago reported revenues of $62.6 billion by 10.1%.