Shell: Q1 Earnings Snapshot

LONDON (AP) — LONDON (AP) — Shell plc (SHEL) on Thursday reported first-quarter net income of $7.36 billion.

The London-based company said it had net income of $2.26 per share. Earnings, adjusted for non-recurring costs, came to $2.38 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.87 per share.

The oil and gas company posted revenue of $74.7 billion in the period.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SHEL at

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up