Eni (E) Q3 Earnings Fall Short of Estimates, Revenues Decline Y/Y

Eni SpA (E) reported third-quarter 2024 adjusted earnings from continuing operations of 86 cents per American Depository Receipt, which missed the Zacks Consensus Estimate of 89 cents. The bottom line declined from the year-ago quarter's $1.18. Total quarterly revenues of$23.1 billion declined from $24.7 billion a year ago. The top line also missed the Zacks Consensus Estimate of$23.4 billion. The company's weak quarterly results were driven by lower throughputs and lower average liquids price realization ...