Earnings Outlook For Shell
Portfolio Pulse from Benzinga Insights
Shell (NYSE:SHEL) is set to release its latest quarterly earnings report on November 2, 2023. Analysts estimate an earnings per share (EPS) of $1.87. Last quarter, the company missed EPS by $0.11, which was followed by a 0.23% increase in the share price. Shell's shares were trading at $65.14 as of October 31, with a 52-week increase of 17.82%.
November 01, 2023 | 2:00 pm
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Shell is expected to announce its Q3 earnings on November 2, 2023. The estimated EPS is $1.87. The company's stock price increased by 0.23% after missing the EPS estimate last quarter.
The upcoming earnings report is a significant event for Shell. The company's performance in the last quarter, despite missing the EPS estimate, led to a slight increase in the share price. This suggests that investors may have positive expectations for the upcoming report. However, the actual impact will depend on whether the company meets or exceeds the EPS estimate and the guidance it provides for future growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100