LONDON (AP) — LONDON (AP) — Shell plc (SHEL) on Thursday reported fourth-quarter earnings of $928 million.
On a per-share basis, the London-based company said it had profit of 30 cents. Earnings, adjusted for non-recurring costs, came to $1.20 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.
The oil and gas company posted revenue of $66.81 billion in the period.
For the year, the company reported profit of $16.09 billion, or $5.06 per share. Revenue was reported as $289.03 billion.
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