Investing.com - Royal Dutch Shell (LON:RDSa) B reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Royal Dutch Shell B announced earnings per share of €-1.98 on revenue of €27.61B. Analysts polled by Investing.com anticipated EPS of €-0.09 on revenue of €48.29B.
Royal Dutch Shell B shares are down 53.51% from the beginning of the year and are trading at €12.32 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Royal Dutch Shell B shares lost 5.36% in intra-day trade the report.
Royal Dutch Shell B follows other major sector earnings this month
Royal Dutch Shell B's report follows an earnings beat by Core Laboratories on Wednesday, July 22, 2020, who reported EPS of €0.12 on revenue of €99.82M, compared to forecasts EPS of €0.1 on revenue of €103.57M.
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