Investing.com - Shell (LON:RDSa) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Shell announced earnings per share of €0.7347 on revenue of €75.49B. Analysts polled by Investing.com anticipated EPS of €0.5998 on revenue of €58.87B.
Shell shares are up 5% from the beginning of the year, still down 0.55% from its 52 week high of €23.68 set on February 3. They are outperforming the AEX which is down 4.98% from the start of the year.
Shell shares gained 1.42% in intra-day trade following the report.
Shell follows other major Energy sector earnings this month
Shell's report follows an earnings beat by Core Laboratories on Wednesday, who reported EPS of €0.177 on revenue of €110.78M, compared to forecasts EPS of €0.1753 on revenue of €106.56M.
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