French oil major TotalEnergies reported a 6% fall in second-quarter earnings on Thursday, and came in below analyst expectations.
Adjusted net income for the three months to June 30 came to $4.7 billion, compared to $4.96 billion a year earlier and $5.1 billion in the first quarter of 2024, the company said on Thursday.
Analysts had expected income of $4.96 billion, a consensus of estimates compiled by Refinitiv showed.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments