PARIS – French oil major TotalEnergies reported a 6% fall in second-quarter earnings on Thursday, and came in below analyst expectations.
Adjusted net income for the three months to June 30 came to $4.7 billion, compared to $4.96 billion a year earlier and $5.1 billion in the first quarter of 2024, the company said on Thursday.
Analysts had expected income of $4.96 billion, a consensus of estimates compiled by Refinitiv showed.
(This story has been corrected to say 6% fall, not 14.6% rise, in the headline and paragraph 1, and fix adjusted net income figure a year ago to $4.96 billion, not $4.1 billion, in paragraph 2)
(Reporting by America Hernandez in Paris; editing by Jason Neely)
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