TotalEnergies SE (TTE) Tops Q3 EPS by 22c; offers outlook

TotalEnergies SE (NYSE: TTE) reported Q3 EPS of $2.63, $0.22 better than the analyst estimate of $2.41. Revenue for the quarter came in at $54.41 billion versus the consensus estimate of $50.46 billion.

OUTLOOK

In the fourth quarter 2023, TotalEnergies anticipates cash proceeds of around $4.1 billion(18) from the Canadian assets divestments, which could bring back the gearing below 8%. The Company confirms 2023 net investment guidance between $16 and $17 billion.

For earnings history and earnings-related data on TotalEnergies SE (TTE) click here.

You May Also Be Interested In

• HSBC Upgrades TotalEnergies SE (TTE:FP) (TTE) to Buy
• RegenLab targets Nasdaq listing under ticker RGNA as revenues top $29 million
• Moody’s upgrades Brinker to Ba1 on Chili’s growth and debt reduction