Investing.com - Shell (LON:RDSa) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Shell announced earnings per share of €1.14 on revenue of €79.83B. Analysts polled by Investing.com anticipated EPS of €1.02 on revenue of €73.4B.
Shell shares are up 40% from the beginning of the year and are trading at €27.05 , down-from-52-week-high.They are outperforming the AEX which is down 10.88% from the start of the year.
Shell shares gained 2.68% in intra-day trade the report.
Shell follows other major Energy sector earnings this month
Shell's report follows an earnings beat by Core Laboratories on Wednesday, April 27, 2022, who reported EPS of €0.0761 on revenue of €109.64M, compared to forecasts EPS of €0.0577 on revenue of €103.43M.
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