Investing.com - Shell (LON:RDSa) ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Shell ADR announced earnings per share of $1.66 on revenue of $85.28B. Analysts polled by Investing.com anticipated EPS of $1.36 on revenue of $70.34B.
Shell ADR shares are up 22.7% from the beginning of the year and are trading at $53.25 , 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 Exxon Mobil on Tuesday, who reported EPS of $2.05 on revenue of $84.97B, compared to forecasts EPS of $1.93 on revenue of $85.01B.
Chevron had missed expectations on Friday, January 28, 2022 with fourth quarter EPS of $2.56 on revenue of $48.13B, compared to forecast for EPS of $3.13 on revenue of $45.34B.
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