Investing.com - Equinor ADR reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Equinor ADR announced earnings per share of $0.473 on revenue of $16.4B. Analysts polled by Investing.com anticipated EPS of $0.6042 on revenue of $16.67B.
Equinor ADR shares are up 17% from the beginning of the year, still down 0.38% from its 52 week high of $21.09 set on April 28. They are outperforming the TR UK 50 which is up 6.43% 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 Royal Dutch Shell B ADR on Thursday, who reported EPS of $0.84 on revenue of $55.67B, compared to forecasts EPS of $0.7917 on revenue of $62.93B.
BP ADR had beat expectations on Tuesday with first quarter EPS of $0.777 on revenue of $36.49B, compared to forecast for EPS of $0.4389 on revenue of $52.04B.
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