In the latest trading session, Shell (SHEL) closed at $85.59, with a 1.05% gain, outperforming the S&P 500’s increase of 0.83%. Over the past month, Shell’s shares have seen a 12.5% rise, while the Oils-Energy sector gained 7.08%, contrasting with a 2.65% loss for the S&P 500.
Shell’s upcoming earnings report is anticipated to show earnings per share (EPS) of $1.71, which is a 7.07% decrease compared to the same quarter last year. Revenue is projected to be $69.15 billion, reflecting a 1.42% decline year-over-year. The full-year estimates for Shell predict earnings of $6.29 per share and revenue of $271.25 billion, indicating slight decreases of 0.16% and 0.91%, respectively. Currently, Shell holds a Zacks Rank of #3 (Hold).
