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TotalEnergies' Q2 Adjusted Earnings, Revenue Decrease
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TotalEnergies' Q2 Adjusted Earnings, Revenue Decrease
Jul 25, 2024 4:06 AM

06:40 AM EDT, 07/25/2024 (MT Newswires) -- TotalEnergies (TTE) reported Q2 adjusted earnings Thursday of $1.98 per diluted share, down from $1.99 a year earlier.

Four analysts polled by Capital IQ expected $2.08.

Revenue for the quarter ended June 30 was $49.18 billion, down from $51.46 billion a year earlier.

One analyst surveyed by Capital IQ expected $46.35 billion.

The company said it expects Q3 hydrocarbon output to be 2.4 million and 2.45 million barrels of oil equivalent per day.

Shares of the company were down nearly 2% in recent Thursday premarket activity.

Price: 66.00, Change: -1.26, Percent Change: -1.87

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