**Shell PLC Updates and Stock Performance**
As of the latest trading session, Shell PLC (SHEL) closed down 1.25% at $76.57, underperforming the S&P 500 which declined by 0.22%. Over the past month, Shell’s shares have dropped 10.69%, significantly trailing the Oils-Energy sector’s loss of 4.76% and the S&P 500’s loss of 1.21%.
Shell’s upcoming earnings release is anticipated, with projected earnings per share (EPS) of $2.51—an increase of 76.76% from the same quarter last year—and revenue estimates of $104.4 billion, reflecting a year-over-year rise of 57.13%. Zacks Consensus Estimates for the full year forecast earnings of $9.9 per share and revenue of $392.21 billion, marking increases of 57.14% and 43.29%, respectively. Currently, Shell holds a Zacks Rank of #3 (Hold) and a forward P/E ratio of 7.83, higher than the industry average of 7.04.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
