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Equinor's Q3 Adjusted Earnings, Revenue Fall; Final Share Buyback Tranche Begins Friday
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Equinor's Q3 Adjusted Earnings, Revenue Fall; Final Share Buyback Tranche Begins Friday
Nov 2, 2024 9:04 PM

08:17 AM EDT, 10/24/2024 (MT Newswires) -- Equinor ( EQNR ) reported Q3 adjusted earnings Thursday of $0.79 per share, down from $0.98 a year earlier.

Analysts polled by Capital IQ expected $0.74.

Total revenue and other income for the quarter ended Sept. 30 were $25.45 billion, down from $26.02 billion a year earlier.

Analysts surveyed by Capital IQ expected $25.14 billion.

Equinor's ( EQNR ) board maintained its quarterly dividend at $0.35 per share, payable on Feb. 28 to shareholders as of Feb. 14.

Additionally, the company's board initiated the fourth and final tranche of share buyback for this year of up to $1.60 billion, beginning Friday and through Jan. 31 next year.

Shares of the company were up 3.7% in recent Thursday premarket activity.

Price: 25.10, Change: +0.89, Percent Change: +3.68

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