Shell plc (SHEL) Misses Q1 EPS by 74c; offers outlook
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Shell’s (SHEL) Q1 print misses on top, bottom lines but net income beats estimates
May 2, 2024 6:30 AM EDTShell plc (NYSE: SHEL) reported first-quarter top and bottom lines that missed analyst expectations, sending its shares slightly lower in London trading Thursday.
The company posted Q1 earnings per share (EPS) of $1.20, falling short of the analyst expectation of $1.94. Revenue for the quarter was $74.7 billion, also below the consensus estimate of $78.42 billion.
However, the adjusted net income came in at $7.7 billion,... More
