Investing.com - Royal Dutch Shell (LON:RDSa) B reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Royal Dutch Shell B announced earnings per share of €0.3474 on revenue of €46.04B. Analysts polled by Investing.com anticipated EPS of €0.3309 on revenue of €52.82B.
Royal Dutch Shell B shares are up 17% from the beginning of the year, still down 12.82% from its 52 week high of €17.73 set on March 15. They are outperforming the TR UK 50 which is up 6.43% from the start of the year.
Royal Dutch Shell B shares gained 1.84% in intra-day trade following the report.
Royal Dutch Shell B follows other major sector earnings this month
Royal Dutch Shell B's report follows an earnings beat by Core Laboratories on April 21, who reported EPS of €0.1248 on revenue of €90.16M, compared to forecasts EPS of €0.111 on revenue of €92.25M.
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