Royal Dutch Shell ADR Earnings, Revenue Miss in Q3

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Royal Dutch Shell ADR announced earnings per share of $1.06 on revenue of $60.04B. Analysts polled by anticipated EPS of $1.37 on revenue of $61.17B.

Royal Dutch Shell ADR shares are up 42.2% from the beginning of the year, still down 1.54% from its 52 week high of $50.75 set on October 27. They are outperforming the EUR/USD which is down 0% from the start of the year.

Royal Dutch Shell ADR’s report follows an earnings beat by Equinor ADR on Wednesday, who reported EPS of $0.84 on revenue of $23.55B, compared to forecasts EPS of $0.7307 on revenue of $21.66B.

Schlumberger had beat expectations on October 22 with third quarter EPS of $0.36 on revenue of $5.85B, compared to forecast for EPS of $0.3568 on revenue of $5.94B.

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