Shell ADR Earnings Miss, Revenue Beats In Q1
2022.05.05 11:38
Shell ADR Earnings Miss, Revenue Beats In Q1
Investing.com – Shell (LON:RDSa) ADR reported on Thursday first quarter earnings that missed analysts’ forecasts and revenue that topped expectations.
Shell ADR announced earnings per share of $1.2 on revenue of $84.2B. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $80.45B.
Shell ADR shares are up 31.27% from the beginning of the year, still down 2.91% from its 52 week high of $58.68 set on April 19. 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 missed by Exxon Mobil on April 29, who reported EPS of $2.07 on revenue of $90.5B, compared to forecasts EPS of $2.23 on revenue of $82.84B.
Chevron had missed expectations on April 29 with first quarter EPS of $3.36 on revenue of $54.37B, compared to forecast for EPS of $3.4 on revenue of $51.14B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
