Neste OYJ (OTCMKTS:NTOIY) Announces Quarterly Earnings Results
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Neste OYJ (OTCMKTS:NTOIY) Announces Quarterly Earnings Results
Neste OYJ (OTCMKTS:NTOIY - Get Free Report) released its earnings results on Thursday. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.50 by $0.28. Neste OYJ had a net margin of 7.35% and a return on equity of 19.90%.
Neste's third-quarter profit before taxes rose to EUR 1,274 million from EUR 152 million in the previous year. Demand for crude oil is driving up prices.
Neste achieves record profit amid oil market turmoil. The difficult investment project in Rotterdam was a blemish on the result.
Neste Reports EUR 3.62 Billion in Nine-Month Comparable EBITDA as Renewable Fuels and Refining Lift Earnings
Third-quarter comparable EBITDA reaches EUR 1.56 billion amid record renewable product sales and strong oil refining margins; Rotterdam expansion costs rise Neste Corporation reported strong third-quarter and nine-month 2026 earnings, supported by renewable fuel operations and oil refining margins. IN BRIEFKEY TAKEAWAYSFAQs Neste Corporation reported comparable EBITDA of EUR 3,619 million for January–September 2026, compared with EUR 1,083 mi…
Neste reports record results in the third quarter of the year, as a result of the international crises. But the oil company is working hard to maintain a good level of results through its own measures, assures the CFO.
Neste obtained a net profit of 533 million euros in the first quarter of the year, compared to 40 million losses in the same period of 2025.
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