Shell closed at $98.95, up 2.59% from the previous session, outpacing a 0.45% decline in the S&P 500, a 0.63% drop in the Dow and a 0.78% fall in the Nasdaq. Ahead of its upcoming earnings release, analysts expect Shell to post earnings of $2.85 per share, a 53.23% year-over-year increase, on revenue of $88.96 billion, up 26.34% from the same quarter last year. For the full year, the Zacks Consensus Estimates anticipate earnings of $10.84 per share and revenue of $382.93 billion, shifts of +72.06% and +39.89% respectively from last year. Over the last 30 days the Zacks Consensus EPS estimate has risen 4.58%, and Shell currently carries a Zacks Rank of #3 (Hold). The stock trades at a Forward P/E of 8.9, in line with its industry average, and a PEG ratio of 0.82 versus an industry average of 0.68.
Shell plcAnalysts raised Shell's EPS estimates ahead of earnings, with consensus now at $2.85/share (+53% YoY) and full-year estimates up sharply.
