Equinor (EQNR) Q1 Earnings and Revenues Beat Estimates

Equinor ASA (EQNR) reported first-quarter 2024 adjusted earnings per share of 96 cents, which beat the Zacks Consensus Estimate of 78 cents. However, the bottom line declined from the year-ago quarter’s figure of $1.13.Total quarterly revenues declined to$25,135 million from $29,224 million in the prior-year quarter. However, the top line beat the Zacks Consensus Estimate of$25,030 million.Better-than-expected quarterly results can be attributed to increased production across major segments. This was part ...