Stock AnalizEquinor Asa (EQNR) earnings for the quarter ended September 2026: EPS misses estimates
Equinor Asa reported results for the quarter ended September 2026 on October 28, 2026. Adjusted earnings per share came in at $1.20 against the analysts’ average forecast of $1.35, a miss of 10.9%.
The market’s verdict: the stock rose 1.1% on the first trading day after the report.
The last four quarters
Equinor Asa has beaten the analysts’ EPS forecast in 2 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $1.20 | $1.35 | −10.9% | — | +1.1% |
| Jun 2026 | $1.33 | $1.46 | −8.9% | — | +9.0% |
| Mar 2026 | $1.48 | $1.37 | +8.0% | — | −10.8% |
| Dec 2025 | $0.81 | $0.67 | +20.9% | — | +0.5% |
What comes next
Analysts expect EPS of $2.15 for the next quarter on average and $6.05 for the fiscal year ending December 31, 2026.
The average analyst price target is $40.93, 5% below the current price of $42.95.
Valuation and score
Equinor Asa scores 2.6 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 9.0, and its intrinsic value under moderate assumptions is about 23% above the current market value. Full Equinor Asa analysis with 10 years of financials
Frequently asked questions
What was Equinor Asa’s EPS for the quarter ended September 2026?
$1.20 adjusted per share, against an analyst consensus of $1.35.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.