Shell ADR Earnings, Revenue Beat in Q2
2022.07.28 12:34
Shell ADR Earnings, Revenue Beat in Q2
Investing.com – Shell (LON:RDSa) ADR reported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Shell ADR announced earnings per share of $3.06 on revenue of $100.06B. Analysts polled by Investing.com anticipated EPS of $2.75 on revenue of $94.53B.
Shell ADR shares are up 18.48% from the beginning of the year, still down 16.63% from its 52 week high of $61.67 set on June 7. They are outperforming the EUR/USD which is down 0% from the start of the year.
Shell ADR follows other major Energy sector earnings this month
Shell ADR’s report follows an earnings beat by Equinor ADR on Wednesday, who reported EPS of $2.11 on revenue of $36.32B, compared to forecasts EPS of $1.62 on revenue of $36.63B.
Schlumberger had beat expectations on July 22 with second quarter EPS of $0.5 on revenue of $6.77B, compared to forecast for EPS of $0.3995 on revenue of $6.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
