Investing.com - Shell (LON:RDSa) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Shell announced earnings per share of €1.52 on revenue of €98.87B. Analysts polled by Investing.com anticipated EPS of €1.36 on revenue of €92.76B.
Shell shares are up 32% from the beginning of the year and are trading at €25.68 , down-from-52-week-high.They are outperforming the AEX which is down 10.55% from the start of the year.
Shell shares gained 2.03% in intra-day trade the report.
Shell follows other major Energy sector earnings this month
Shell's report follows an earnings missed by Vopak on Thursday, who reported EPS of €-2.68 on revenue of €662.1M, compared to forecasts EPS of €0.54 on revenue of €616.00M.
Core Laboratories had missed expectations on Wednesday with second quarter EPS of €0.1186 on revenue of €119.46M, compared to forecast for EPS of €0.1349 on revenue of €117.32M.
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