Shell Q2 EPADS $1.50 Misses $1.78 Estimate, Sales $74.58B Beat $57.83B Estimate
Portfolio Pulse from Benzinga Newsdesk
Shell (NYSE:SHEL) reported Q2 earnings of $1.50 per share, missing the analyst consensus estimate of $1.78 by 15.73%. This is a 51.3% decrease from the same period last year. However, the company reported quarterly sales of $74.58 billion, beating the analyst consensus estimate of $57.83 billion by 28.96%. This is a 25.46% decrease from the same period last year.
July 27, 2023 | 6:29 am
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Shell's Q2 earnings per share missed estimates by 15.73%, and sales beat estimates by 28.96%. This mixed report may lead to uncertainty in the market.
Shell's earnings per share missed the analyst consensus estimate, which could negatively impact the stock price. However, the company's sales beat the estimate, which could have a positive effect. The mixed results may lead to uncertainty in the market, potentially causing volatility in the stock price.
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RELEVANCE 100