Investing.com - Equinor ADR reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Equinor ADR announced earnings per share of $-0.06 on revenue of $8.04B. Analysts polled by Investing.com anticipated EPS of $0.34 on revenue of $9.34B.
Equinor ADR shares are down 23.46% from the beginning of the year and are trading at $15.24 , down-from-52-week-high.They are under-performing 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 missed by Suncor Energy on Wednesday, who reported EPS of $-0.73 on revenue of $3.17B, compared to forecasts EPS of $-0.51 on revenue of $3.5B.
Baker Hughes A had missed expectations on Wednesday with second quarter EPS of $-0.05 on revenue of $4.74B, compared to forecast for EPS of $-0.01 on revenue of $4.79B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar