Investing.com - Equinor ADR reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Equinor ADR announced earnings per share of $1.22 on revenue of $35.39B. Analysts polled by Investing.com anticipated EPS of $1.05 on revenue of $33.17B.
Equinor ADR shares are up 10.25% from the beginning of the year, still down 3.20% from its 52 week high of $29.99 set on February 7. They are outperforming the EUR/USD which is down 0% from the start of the year.
Equinor ADR follows other major Energy sector earnings this month
Equinor ADR's report follows an earnings beat by Exxon Mobil on February 1, who reported EPS of $2.05 on revenue of $84.97B, compared to forecasts EPS of $1.94 on revenue of $85.01B.
Chevron had missed expectations on January 28 with fourth quarter EPS of $2.56 on revenue of $48.13B, compared to forecast for EPS of $3.13 on revenue of $45.34B.
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