Equinor (EQNR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended September 2025, Equinor (EQNR) reported revenue of $26.05 billion, up 2.4% over the same period last year. EPS came in at $0.37, compared to $0.79 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $24.31 billion, representing a surprise of +7.14%. The company delivered an EPS surprise of -35.09%, with the consensus EPS estimate being $0.57.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Equinor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:E&P Norway entitlement liquids production per day: 714 millions of barrels of oil equivalent per day versus the two-analyst average estimate of 694.14 millions of barrels of oil equivalent per day.E&P International entitlement liquids production per day: 184 millions of barrels of oil equivalent per day versus the two-analyst average estimate of 222.35 millions of barrels of oil equivalent per day.Total entitlement liquids and gas production per day: 2005 millions of barrels of oil equivalent per day versus the two-analyst average estimate of 1983.88 millions of barrels of oil equivalent per day.Group entitlement liquids production per day: 1036 millions of barrels of oil equivalent per day versus the two-analyst average estimate of 1055.36 millions of barrels of oil equivalent per day.E&P Norway entitlement gas production per day: 707 millions of barrels of oil equivalent per day versus the two-analyst average estimate of 688.31 millions of barrels of oil equivalent per day.E&P USA entitlement liquids production: 138 millions of barrels of oil equivalent versus 138.88 millions of barrels of oil equivalent estimated by two analysts on average.Revenues- E&P Norway: $8.28 billion versus $8.08 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.4% change.Revenues- Marketing, Midstream & Processing (MMP): $25.75 billion versus the two-analyst average estimate of $22.06 billion. The reported number represents a year-over-year change of +2.2%.Revenues- E&P USA: $1.01 billion compared to the $1.04 billion average estimate based on two analysts. The reported number represents a change of +7.5% year over year.Revenues- E&P International: $1.32 billion versus the two-analyst average estimate of $1.3 billion. The reported number represents a year-over-year change of -17.7%.Adjusted operating earnings- E&P Norway: $5.62 billion compared to the $5.67 billion average estimate based on two analysts.Adjusted operating earnings- E&P International: $396 million versus $410.92 million estimated by two analysts on average.View all Key Company Metrics for Equinor here>>>Shares of Equinor have returned -1.2% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equinor ASA (EQNR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks