TotalEnergies SE ($TTE) Q3 2024 Earnings Preview

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TotalEnergies SE (NYSE: TTE) has announced that it will be releasing its financial results for the third quarter of 2024 on Thursday 31st October 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.

According to the predictions of financial experts on Wall Street, the firm is expected to announce an anticipated $1.82 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $46.21 billion for the period.

Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $224.06 billion. Additionally, they anticipate the earnings per share to reach profit of $7.87 during the fiscal year.

In the same quarter of the previous year, the company's financial statement revealed a per-share income of $2.63. Additionally, the company's overall revenue for that particular period was an impressive $59.02 billion.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.98 -0.5% 53.74 B -4.5%
Q1 2024 $2.14 -18.0% 56.28 B -10.1%
Q4 2023 $2.16 -27.3% 59.24 B -13.6%
Q3 2023 $2.63 -31.3% 59.02 B -14.5%
Q2 2023 $1.99 -46.9% 56.27 B -24.7%
*Growth on year-over-year basis

 

During Tuesday's trading, TotalEnergies SE (TTE) shares reached a low of $63.96 and a high of $64.81, along with a total volume of 1.66 million shares. The stock ended the regular trading session at $64.03, demonstrating downfall of 1.04 percent.