Eni S.p.A. (E) Reports Q3 EPS of $0.16; offers outlook

Eni S.p.A. (NYSE: E) reported Q3 EPS of $0.16. Revenue for the quarter came in at $21.02 billion, versus $24.32 billion reported last year.

OUTLOOK

Reaffirmed FY Group consolidated results expectations, net of scenario effects, and capex plan guidance

Group consolidated results based on the Eni scenario2: Accounting for a revised Brent scenario of 83 $/bbl (as well as
other variables (weaker USD, SERM, etc.) the management is now expecting the FY Group proforma adjusted EBIT and
the adjusted CFFO before working capital at €14 bln and €13.5 bln, respectively.

Organic Capex projected at below €9 bln for the full year. On a proforma basis, capex net of proceeds from disposals
is continued to be seen at below €6 bln.

For earnings history and earnings-related data on Eni S.p.A. (E) click here.

You May Also Be Interested In

• Stay long AI-capex winners into the peak, Stifel says despite bubble fears
• Navan partners with Enbridge for travel and expense management
• Upstart renews $600M loan deal with Neuberger Specialty Finance