Royal Dutch Shell (RDS.B) Posts Quarterly Earnings Results, Meets Estimates

Royal Dutch Shell (NYSE:RDS.B) announced its quarterly earnings data on Thursday. The energy company reported $1.28 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.28, MarketWatch Earnings reports. Royal Dutch Shell had a return on equity of 7.84% and a net margin of 4.22%.

Shares of NYSE:RDS.B traded down $0.90 during mid-day trading on Thursday, reaching $72.55. The stock had a trading volume of 1,530,000 shares, compared to its average volume of 1,899,807. The company has a current ratio of 1.20, a quick ratio of 0.88 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $306,174.25, a P/E ratio of 19.73 and a beta of 1.17. Royal Dutch Shell has a 1 year low of $53.50 and a 1 year high of $74.60.

Separately, ValuEngine upgraded Royal Dutch Shell from a “hold” rating to a “buy” rating in a research report on Friday, April 6th.

About Royal Dutch Shell

The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.

Earnings History for Royal Dutch Shell (NYSE:RDS.B)

Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply