Equinor ASA (OSL:EQNR, Financial) is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is 263.70 billion, and the earnings are expected to come in at 8.20 per share. The full year 2024's revenue is expected to be 1.10 trillion and the earnings are expected to be 35.22 per share. More detailed estimate data can be found on the Forecast page.
Equinor ASA (OSL:EQNR, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Equinor ASA (OSL:EQNR) for the full year 2024 have declined from 1.12 trillion to 1.10 trillion, and for 2025 from 1.05 trillion to 1.02 trillion. Earnings estimates for the full year 2024 have decreased from 37.86 per share to 35.22 per share, and for 2025 from 41.16 per share to 37.73 per share.
Equinor ASA (OSL:EQNR, Financial) Reported History
In the previous quarter of 2024-06-30, Equinor ASA's (OSL:EQNR) actual revenue was 278.89 billion, which beat analysts' revenue expectations of 268.28 billion by 3.95%. Equinor ASA's (OSL:EQNR) actual earnings were 7.10 per share, which missed analysts' earnings expectations of 8.09 per share by -12.26%. After releasing the results, Equinor ASA (OSL:EQNR) was down by -0.26% in one day.
Equinor ASA (OSL:EQNR, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 26 analysts, the average target price for Equinor ASA (OSL:EQNR) is 293.01 with a high estimate of 399.97 and a low estimate of 209.98. The average target implies an upside of 8.85% from the current price of 269.20.
Based on GuruFocus estimates, the estimated GF Value for Equinor ASA (OSL:EQNR, Financial) in one year is 306.49, suggesting an upside of 13.85% from the current price of 269.20.
Based on the consensus recommendation from 29 brokerage firms, Equinor ASA's (OSL:EQNR, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
