Eni SpA on Oct. 25 reported an adjusted net profit of €776 million, or 22 euro cents per share, in the third quarter, compared with €1.39 billion, or 39 euro cents per share, a year ago.
The S&P Global Market Intelligence consensus normalized earnings estimate for the third quarter was 22 euro cents per share.
Eni reported a net profit attributable to shareholders of €523 billion for the quarter, compared with €1.53 billion in the prior-year period.
Adjusted operating profit totaled €2.16 billion for the quarter, representing a 35% decrease from €3.30 billion in the same period a year ago.
Eni posted net sales from operations of €16.69 billion, compared with €19.70 billion in the year-ago period.