Investing.com - Shell (LON:RDSa) ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Shell ADR announced earnings per share of $3.06 on revenue of $100.06B. Analysts polled by Investing.com anticipated EPS of $2.75 on revenue of $94.53B.
Shell ADR shares are up 18.48% from the beginning of the year and are trading at $51.42 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Shell ADR follows other major Energy sector earnings this month
Shell ADR's report follows an earnings beat by Equinor ADR on Wednesday, who reported EPS of $2.11 on revenue of $36.32B, compared to forecasts EPS of $1.62 on revenue of $36.63B.
Schlumberger had beat expectations on Friday, July 22, 2022 with second quarter EPS of $0.5 on revenue of $6.77B, compared to forecast for EPS of $0.3995 on revenue of $6.28B.
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