MARKETS

Saudi Aramco's third quarter results predicted to decline

Revenues remain up, but earnings to fall

Tim Daiss

Saudi Aramco's third quarter results predicted to decline

While BofA expects Saudi Aramco revenues to be up 35% year-on-year, quarter-on-quarter earnings are expected to drop by 16%, the BofA document said. At the same time, EBITDA is expected to jump 33%...

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