Total Q4 Profit Rises 13%
Total SA (NYSE: TOT) posted a 13% gain in its fourth-quarter profit.
Total's quarterly adjusted net profit climbed to 3.08 billion euros ($4.14 billion), versus EUR2.73 billion, in the year-ago period. However, analysts were expecting a net profit of EUR3 billion.
Its revenue rose 5% to EUR49.89 billion, from EUR47.49 billion.
Total shares closed at $51.40 yesterday.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.