TotalEnergies flags Q3 profit surge as Iran war continues to drive energy prices

Impact · against what's priced in

TotalEnergies is likely to see an upward revision in Q3 EPS estimates due to a profit surge driven by geopolitically induced energy price increases. This represents a positive near-term catalyst for earnings per share.

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In context

The forecast of a profit surge in Q3 resulting from the war in Iran driving higher energy prices is expected to boost earnings estimates ahead of the formal print.

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• geopolitics▲3%
• earnings
• oil
• TTE
• energy prices
• iran
• totalenergies
• war

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