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Equinor Q3 Revenue Climbs 27.4% to $33.19 Billion, Misses Estimates

Non-GAAP EPS was $1.20, missing forecasts by $0.15, while cash flow from operations after taxes paid reached $8.14 billion.

Three metal columns rise at different heights against burgundy / TokenPost.ai
Three metal columns rise at different heights against burgundy / TokenPost.ai

Equinor's third-quarter revenue rose 27.4% from a year earlier to $33.19 billion, but came in $960 million below estimates as non-GAAP earnings also missed forecasts.

Non-GAAP earnings per share were $1.20, falling 15 cents short of estimates.

Cash flow from operations after taxes paid was $8.14 billion. Organic capital expenditures totaled $3.28 billion.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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