Equinor ASA (EQNR) to Release Quarterly Earnings on Wednesday

Equinor ASA (NYSE:EQNR - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.64 per share and revenue of $23.88 billion for the quarter.

Equinor ASA (NYSE:EQNR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.83 by ($0.17). Equinor ASA had a net margin of 8.07% and a return on equity of 18.44%. The business had revenue of $27.14 billion for the quarter, compared to analysts' expectations of $27.16 billion. On average, analysts expect Equinor ASA to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Equinor ASA Trading Down 0.5%

EQNR traded down $0.13 during trading hours on Thursday, reaching $25.63. 1,422,442 shares of the company's stock traded hands, compared to its average volume of 3,772,998. The firm has a 50-day moving average price of $25.10 and a 200 day moving average price of $24.34. Equinor ASA has a 52-week low of $21.41 and a 52-week high of $28.29. The company has a quick ratio of 1.27, a current ratio of 1.37 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $71.56 billion, a PE ratio of 8.11, a PEG ratio of 0.69 and a beta of 0.58.

Analysts Set New Price Targets

A number of research firms recently issued reports on EQNR. Morgan Stanley cut Equinor ASA from an "overweight" rating to an "equal weight" rating and set a $22.70 price objective for the company. in a report on Monday, May 12th. Berenberg Bank lowered Equinor ASA from a "buy" rating to a "hold" rating and set a $26.44 target price for the company. in a research report on Tuesday, May 20th. TD Cowen decreased their target price on Equinor ASA from $22.00 to $19.00 and set a "hold" rating for the company in a research report on Friday, May 2nd. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Equinor ASA in a research report on Wednesday, May 7th. Finally, Barclays lowered Equinor ASA from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $22.71.

Hedge Funds Weigh In On Equinor ASA

Hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in shares of Equinor ASA by 11.1% in the first quarter. Royal Bank of Canada now owns 148,723 shares of the company's stock valued at $3,932,000 after purchasing an additional 14,913 shares during the last quarter. Empowered Funds LLC increased its stake in Equinor ASA by 1.9% during the first quarter. Empowered Funds LLC now owns 112,194 shares of the company's stock worth $2,968,000 after acquiring an additional 2,112 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Equinor ASA during the first quarter worth $816,000. Finally, AQR Capital Management LLC acquired a new stake in Equinor ASA during the first quarter worth $263,000. Hedge funds and other institutional investors own 5.51% of the company's stock.

About Equinor ASA

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments.