Investing.com - Royal Dutch Shell (LON:RDSa) ADR reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Royal Dutch Shell ADR announced earnings per share of $0.37 on revenue of $60.03B. Analysts polled by Investing.com anticipated EPS of $0.52 on revenue of $65.15B. That with comparison to EPS of $1.3 on revenue of $83.74B in the same period a year before. Royal Dutch Shell ADR had reported EPS of $0.74 on revenue of $84.01B in the previous quarter. Analysts are expecting EPS of $-0.23 and revenue of $39.02B in the upcoming quarter.
Royal Dutch Shell ADR shares are down 35.55% from the beginning of the year , still down 42.82% from its 52 week high of $66.48 set on June 26, 2019. They are under-performing the EUR/USD which is down 0% year to date.
Royal Dutch Shell ADR follows other major Energy sector earnings this month
Royal Dutch Shell ADR's report follows an earnings matched by BP ADR on Tuesday, who reported EPS of $0.24 on revenue of $59.54B, compared to forecasts EPS of $0.24 on revenue of $48.03B.
ENI ADR had missed expectations on April 24 with first quarter EPS of $0.04 on revenue of $15.04B, compared to forecast for EPS of $0.17 on revenue of $14.45B.
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