Shell Expects Q4 Corporate Adjusted Earnings To Be A Net Expense Of ~$600M -$800M
Portfolio Pulse from Benzinga Newsdesk
Shell anticipates its Corporate Adjusted Earnings for Q4 2024 to be a net expense of $600-$800 million, similar to the $609 million net expense in Q4 2023.
October 31, 2024 | 7:30 am
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Shell expects its Corporate Adjusted Earnings for Q4 2024 to be a net expense between $600 million and $800 million, similar to the $609 million net expense in Q4 2023.
The announcement indicates that Shell's Corporate Adjusted Earnings are expected to remain a net expense in Q4 2024, similar to the previous year. This suggests stability in this aspect of their financials, but does not indicate improvement, leading to a neutral short-term impact on the stock price.
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