Repsol SA said its first-quarter normalized net income was 37 euro cents per share, compared with the S&P Capital IQ consensus estimate of 36 cents per share.
EPS climbed 138.8% year over year from 16 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €557.9 million, an increase of 140.7% from €231.8 million in the year-earlier period.
The normalized profit margin climbed to 5.5% from 3.0% in the year-earlier period.
Total revenue rose 32.0% year over year to €10.12 billion from €7.67 billion, and total operating expenses grew 25.0% year over year to €9.23 billion from €7.39 billion.
Reported net income increased 59.7% from the prior-year period to €682.0 million, or 46 cents per share, from €427.0 million, or 29 cents per share.