Gear Up for TotalEnergies (TTE) Q1 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - TotalEnergies SE is expected to report a decline in quarterly earnings and revenues, with earnings per share projected at $1.88, down 12.2$45.5 billion, reflecting a 19.2% decrease [1]. Earnings Projections - The consensus EPS estimate has been revised downward by 3.8% over the past 30 days, indicating a collective reassessment by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Key Metrics Forecast - Analysts predict 'Combined Liquids and Gas Production per day - Total' to be 2,537.58 KBOE/D, an increase from 2,461 KBOE/D reported in the same quarter last year [5]. - 'Total Refinery Throughput per day' is estimated at 1,451.27 thousand barrels of oil, compared to 1,424 thousand barrels of oil a year ago [5]. - 'Gas Production per day - Total' is projected to reach 5,516.75 Mcf/D, up from 5,249 Mcf/D in the previous year [6]. - 'Liquids Production per day - Total' is expected to be 1,523.00 thousand barrels of oil, an increase from 1,482 thousand barrels of oil reported last year [6]. Stock Performance - Over the past month, TotalEnergies shares have declined by 6.6%, while the Zacks S&P 500 composite has decreased by 4.3% [7]. - TotalEnergies holds a Zacks Rank of 3 (Hold), suggesting its performance will likely align with the overall market in the near term [7].