Equinor (EQNR) Q4 Earnings Miss Estimates, Revenues Beat

Equinor ASA (EQNR) reported fourth-quarter 2023 adjusted earnings per share of 64 cents, which missed the Zacks Consensus Estimate of $1.08. The bottom line also declined from the year-ago quarter’s$1.84.Total quarterly revenues declined to $29,054 million from$34,321 million in the prior-year quarter. However, the top line beat the Zacks Consensus Estimate of $27,351 million.Weak quarterly earnings can be attributed to lower prices of liquids and gas in Norway.Segmental AnalysisExploration & Production N ...