Royal Dutch Shell B Earnings, Revenue miss in Q2

Royal Dutch Shell B Earnings, Revenue miss in Q2

Investing.com  | Jul 30, 2020 15:13

Royal Dutch Shell B Earnings, Revenue miss in Q2

Investing.com - Royal Dutch Shell (LON:RDSa) B reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Royal Dutch Shell B announced earnings per share of €-1.98 on revenue of €27.61B. Analysts polled by Investing.com anticipated EPS of €-0.09 on revenue of €48.29B.

Royal Dutch Shell B shares are down 53.51% from the beginning of the year and are trading at €12.32 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.

Royal Dutch Shell B shares lost 5.36% in intra-day trade the report.

Royal Dutch Shell B follows other major sector earnings this month

Royal Dutch Shell B's report follows an earnings beat by Core Laboratories on July 22, who reported EPS of €0.12 on revenue of €99.82M, compared to forecasts EPS of €0.1 on revenue of €103.57M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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