Shell closed at $95.14, down 1.38% from the prior session, a steeper decline than the S&P 500's 0.17% loss. The oil and gas company is forecast to report earnings of $2.85 per share for its upcoming quarter, a 53.23% increase from the prior-year quarter, on revenue of $88.96 billion, up 26.34%. For the full year, the Zacks Consensus Estimates project earnings of $10.89 per share and revenue of $382.93 billion, changes of +72.86% and +39.89% respectively from the preceding year. Over the past 30 days, the consensus EPS projection has moved 4.96% higher, and Shell currently carries a Zacks Rank of #3 (Hold). The stock trades at a Forward P/E ratio of 8.86, in line with its industry's Forward P/E of 8.86, while its PEG ratio stands at 0.82 against an industry average of 0.62.
Shell plcShell shares slipped 1.38% while consensus EPS estimates for the upcoming quarter and full year were revised higher, with a Zacks Rank #3 (Hold) — mixed analyst/valuation signals.
