An Earnings Miss: Europe’s largest oil firm Royal Dutch Shell plc RDS.A reported earnings per ADS (on a present value of provides foundation, excluding gadgets – the market’s most popular measure) of 74 cents, beneath the Zacks Consensus Estimate of 80 cents.
Estimate Revision Development & Shock Historical past: The inventory had seen the Zacks Consensus Estimate for fourth-quarter earnings being revised 8% downward during the last 7 days.
Coming to earnings shock historical past, the built-in vitality firm is on a strong footing, having gone previous the Zacks Consensus Estimate in three of the final 4 stories, with the typical constructive shock being 5%. That is proven within the chart beneath:
Royal Dutch Shell PLC Value and EPS Shock
Royal Dutch Shell PLC price-eps-surprise | Royal Dutch Shell PLC Quote
Revenues Down: Revenues of $85.1 billion have been 19% beneath…