TTE Earnings Prediction
The chart below shows how TTE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TTE sees a -0.02% change in stock price 10 days leading up to the earnings, and a +0.92% change 10 days following the report. On the earnings day itself, the stock moves by -0.34%. This data can give you a slight idea of what to expect for the next quarter's release.
TTE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
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--
--
Gross Margin
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--
--
Operating Margin
--
--
--
Net Margin
--
--
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EPS
6.69
220.10%
596.88%
No Data Available
TTE Earnings Analysis
TotalEnergies SE Corporation (TTE.N) Earnings Conference Call
Positive
Earnings Per Share Beat: TotalEnergies reported an EPS of $1.9 for Q4 2024, exceeding expectations of $1.74, indicating strong financial performance.
Revenue Increase Achievement: The company achieved a significant increase in revenue, with a reported total of $50 billion for Q4 2024, reflecting a 15% year-over-year growth.
Operational Cost Reduction: TotalEnergies successfully reduced operational costs by 10% compared to the previous quarter, enhancing overall profitability.
Renewable Energy Customer Growth: The company expanded its customer base by 20% in the renewable energy segment, demonstrating robust growth in this key area.
Share Repurchase Program: TotalEnergies announced a share repurchase program worth $2 billion, signaling confidence in its financial health and commitment to returning value to shareholders.
Negative
Net Income Decline: TotalEnergies reported a decline in net income by 12% year-over-year, dropping from $15 billion in 2023 to $13.2 billion in 2024.
Decline in Operating Cash Flow: Operating cash flow decreased by 10% from $20 billion in 2023 to $18 billion in 2024, indicating reduced operational efficiency.
Capital Expenditures Increase: TotalEnergies' capital expenditures rose by 15% to $18 billion in 2024, outpacing revenue growth and raising concerns about cost management.
Production Volume Decline: The company experienced a 5% drop in production volumes, from 2.9 million barrels of oil equivalent per day in 2023 to 2.75 million in 2024, signaling potential operational challenges.
Renewable Energy Customer Stagnation: Customer growth in the renewable energy segment stagnated, with only a 2% increase in customer base compared to a 10% growth in the previous year.
TTE FAQs
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TTE Earning Call Sentiment
TotalEnergies SE (NYSE:TTE) Q4 2024 Earnings Call Transcript
TTE.N
-0.71%Positive
The earnings call reveals strong financial performance with EPS exceeding expectations, a robust share buyback program, and strategic expansion into integrated power with safety enhancements. Although there are HSE risks, the company is proactively addressing them. The Q&A section highlighted some concerns, but overall sentiment remained positive with flexible strategies in LNG and AI investments. The positive earnings and strategic initiatives outweigh the potential risks, leading to an expected stock price increase.
