TotalEnergies SE Earnings beat, Revenue misses In Q2

  • Investing.com
TotalEnergies SE Earnings beat, Revenue misses In Q2

Investing.com - TotalEnergies SE reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

TotalEnergies SE announced earnings per share of $1.27 on revenue of $41.63B. Analysts polled by Investing.com anticipated EPS of $1.23 on revenue of $44.07B.

TotalEnergies SE shares are up 6% from the beginning of the year and are trading at $37.54 , down-from-52-week-high.They are under-performing the CAC 40 which is up 19.61% from the start of the year.

TotalEnergies SE shares gained 2.26% in intra-day trade the report.

TotalEnergies SE follows other major Energy sector earnings this month

TotalEnergies SE's report follows an earnings beat by Vallourec on Wednesday, who reported EPS of $3.7 on revenue of $842M, compared to forecasts EPS of $-2.68 on revenue of $817.58M.

CGG had missed expectations on Wednesday with second quarter EPS of $-0.06 on revenue of $157M, compared to forecast for EPS of $-0.01 on revenue of $235M.

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