Shell plc (SHEL) Misses Q4 EPS by 68c; initiates FY outlook

Shell plc (NYSE: SHEL) reported Q4 EPS of $1.11, $0.68 worse than the analyst estimate of $1.79. Revenue for the quarter came in at $78.73 billion versus the consensus estimate of $77.89 billion.

OUTLOOK

Corporate Adjusted Earnings are expected to be a net expense of approximately $400 - $600 million in the first quarter and a net expense of approximately $1,500 - $2,100 million for the full year 2024.

Cash capital expenditure for full year 2024 is expected to be within $22 - $25 billion.

For earnings history and earnings-related data on Shell plc (SHEL) click here.

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