Brokerages expect Royal Dutch Shell plc ADR (NYSE:RDS.A) to announce earnings of $1.08 per share for the current fiscal quarter, Zacks reports. Zero analysts have made estimates for Royal Dutch Shell’s earnings. The highest EPS estimate is $1.18 and the lowest is $0.98. Royal Dutch Shell reported earnings of $1.37 per share in the same quarter last year, which would suggest a negative year over year growth rate of 21.2%. The firm is expected to announce its next quarterly earnings report before the market opens on Thursday, January 30th.
According to Zacks, analysts expect that Royal Dutch Shell will report full-year earnings of $4.39 per share for the current fiscal year, with EPS estimates ranging from $4.05 to $4.64. For the next fiscal year, analysts forecast that the company will report earnings of $5.08 per share, with EPS estimates ranging from $4.39 to $6.13. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Royal Dutch Shell.
Royal Dutch Shell (NYSE:RDS.A) last announced its earnings results on Thursday, October 31st. The energy company reported $1.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.20. The company had revenue of $89.54 billion for the quarter. Royal Dutch Shell had a return on equity of 9.71% and a net margin of 5.51%.
RDS.A has been the subject of a number of research analyst reports. Cowen lowered shares of Royal Dutch Shell from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $69.00 to $60.00 in a research note on Thursday, September 5th. Piper Jaffray Companies initiated coverage on shares of Royal Dutch Shell in a research note on Tuesday, November 26th. They set a “hold” rating and a $70.00 price objective on the stock. HSBC lowered shares of Royal Dutch Shell from a “buy” rating to a “hold” rating in a report on Wednesday, September 11th. ABN Amro downgraded shares of Royal Dutch Shell from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, ValuEngine lowered shares of Royal Dutch Shell from a “hold” rating to a “sell” rating in a research note on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $67.33.
Shares of RDS.A stock traded down $0.92 during mid-day trading on Tuesday, reaching $56.21. 3,525,328 shares of the company were exchanged, compared to its average volume of 2,684,601. Royal Dutch Shell has a fifty-two week low of $54.56 and a fifty-two week high of $66.48. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.84 and a current ratio of 1.15. The company has a market capitalization of $227.03 billion, a P/E ratio of 10.89, a P/E/G ratio of 2.62 and a beta of 0.87. The business’s 50 day simple moving average is $58.84 and its 200 day simple moving average is $60.19.
About Royal Dutch Shell
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
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