TOTAL (TOT) Q3 Earnings Beat Estimates, Brent Price Hurts

OXY EOG

TOTAL S.A. reported third-quarter 2019 operating earnings of $1.13 per share (€1.01 per share), beating the Zacks Consensus Estimate of 99 cents by 14.1%.

However, the bottom line declined 23.1% from the year-ago figure of $1.47 per share (€1.26 per share). This decline was primarily due to softness in the prices of commodities compared with the previous year.

Total Revenues

Total revenues came in at $48.59 billion, down 11.2% from $54.71 billion generated in the year-ago quarter.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>