Equinor ASA (EQNR) released a profit for first quarter that decreased from the same period last year
The company's earnings totaled $2.672 billion, or $0.91 per share. This compares with $4.966 billion, or $1.59 per share, in last year's first quarter.
Excluding items, Equinor ASA reported adjusted earnings of $2.836 billion or $0.96 per share for the period.
The company's revenue for the quarter fell 14.0% to $25.135 billion from $29.224 billion last year.
Equinor ASA earnings at a glance (GAAP) :
-Earnings (Q1): $2.672 Bln. vs. $4.966 Bln. last year.
-EPS (Q1): $0.91 vs. $1.59 last year.
-Revenue (Q1): $25.135 Bln vs. $29.224 Bln last year.
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