LONDON (AP) — LONDON (AP) — Shell plc (SHEL) on Friday reported first-quarter profit of $4.78 billion.
On a per-share basis, the London-based company said it had net income of $1.58. Earnings, adjusted for non-recurring costs, were $1.84 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share.
The oil and gas company posted revenue of $70.15 billion in the period.
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