Shell Q2 2024 Adj. EPADS $1.98 Beats $1.82 Estimate, Sales $74.463B Beat $61.329B Estimate
Portfolio Pulse from Benzinga Newsdesk
Shell (NYSE:SHEL) reported Q2 2024 earnings of $1.98 per share, beating the analyst estimate of $1.82. Sales were $74.463 billion, surpassing the $61.329 billion estimate. Earnings increased by 32% year-over-year, while sales saw a slight decrease of 0.15%.
August 01, 2024 | 6:11 am
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Shell (NYSE:SHEL) reported Q2 2024 earnings of $1.98 per share, beating the analyst estimate of $1.82. Sales were $74.463 billion, surpassing the $61.329 billion estimate. Earnings increased by 32% year-over-year, while sales saw a slight decrease of 0.15%.
Shell's Q2 2024 earnings and sales both exceeded analyst expectations, which is likely to positively impact the stock price in the short term. The significant year-over-year increase in earnings further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100