Investing.com - TotalEnergies SE reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
TotalEnergies SE announced earnings per share of $3.75 on revenue of $70.45B. Analysts polled by Investing.com anticipated EPS of $3.7 on revenue of $63.44B.
TotalEnergies SE shares are down 11% from the beginning of the year and are trading at $47.91 , down-from-52-week-high.They are outperforming the Nasdaq which is down 23.09% from the start of the year.
TotalEnergies SE shares lost 3.68% in intra-day trade after the report.
TotalEnergies SE follows other major Energy sector earnings this month
TotalEnergies SE's report follows an earnings beat by Technip Energies BV on Thursday, who reported EPS of $0.3037 on revenue of $1.65B, compared to forecasts EPS of $0.2925 on revenue of $1.44B.
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