Investing.com - TotalEnergies SE ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
TotalEnergies SE ADR announced earnings per share of $3.03 on revenue of $63.95B. Analysts polled by Investing.com anticipated EPS of $2.97 on revenue of $72.78B.
TotalEnergies SE ADR shares are up 8.46% from the beginning of the year and are trading at $49.19 , down-from-52-week-high.They are outperforming the Nasdaq which is down 20.17% from the start of the year.
TotalEnergies SE ADR shares gained 2.03% in pre-market trade the report.
TotalEnergies SE ADR follows other major Energy sector earnings this month
TotalEnergies SE ADR's report follows an earnings beat by Schlumberger on April 22, who reported EPS of $0.34 on revenue of $5.96B, compared to forecasts EPS of $0.3321 on revenue of $5.91B.
Valero Energy had beat expectations on Tuesday with first quarter EPS of $2.31 on revenue of $38.54B, compared to forecast for EPS of $1.67 on revenue of $30.83B.
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