Core Viewpoint - TotalEnergies SE is expected to report a decline in quarterly earnings and revenues, indicating a challenging financial period compared to the previous year [1][2]. Earnings and Revenue Estimates - The anticipated earnings per share (EPS) for TotalEnergies is 45.5 billion, which represents a 19.2% decline compared to the same period last year [1]. Analyst Revisions - The consensus EPS estimate has been revised 3.8% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions and have shown a strong correlation with short-term stock performance [3]. Key Metrics Projections - Analysts project that 'Combined Liquids and Gas Production per day - Total' will reach 2,537.58 KBOE/D, up from 2,461 KBOE/D in the same quarter last year [5]. - 'Total Refinery Throughput per day' is expected to be 1,451.27 thousand barrels of oil, compared to 1,424 thousand barrels of oil in the previous year [5]. - 'Gas Production per day - Total' is forecasted at 5,516.75 Mcf/D, an increase from 5,249 Mcf/D year-over-year [6]. - 'Liquids Production per day - Total' is projected to reach 1,523.00 thousand barrels of oil, up from 1,482 thousand barrels of oil in the same quarter last year [6]. Stock Performance - TotalEnergies shares have decreased by 9.1% over the past month, contrasting with a 4.8% decline in the Zacks S&P 500 composite [6]. - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [6].
TotalEnergies (TTE) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures