TotalEnergies reported $2.14 adjusted EPS, 2% decrease in hydrocarbon production, 4% decline in E&P and 6% increase in Integrated LNG, and $11.5 billion adjusted EBITDA. The company expects higher utilization rate and LNG selling price in Q2.
Unilever's Q1 FY24 earnings showed revenue growth and strong performance from its Power Brands, Beauty & Wellbeing, Personal Care, and Home Care segments.
PG&E Corporation reported $5.86B Q1 revenue, missing consensus. Electric rev. grew to $4.05B, gas declined to $1.81B. Adjusted EPS $0.37, higher than $0.35 consensus. FY24 guidance $1.33-$1.37 vs. $1.35 consensus.
Carrier Global shares are trading higher on Q1 FY24 results, with net sales and adjusted EPS beating consensus. Company also revises sales outlook and expects to resume share repurchases in 2024.