Shell’s (SHEL) Q1 print misses on top, bottom lines but net income beats estimates

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Shell plc (SHEL) Misses Q1 EPS by 74c; offers outlook

May 2, 2024 5:05 AM EDT

Shell plc (NYSE: SHEL) reported Q1 EPS of $1.20, $0.74 worse than the analyst estimate of $1.94. Revenue for the quarter came in at $74.7 billion versus the consensus estimate of $78.42 billion.

OUTLOOK

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