Investing.com - Royal Dutch Shell (LON:RDSa) B reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Royal Dutch Shell B announced earnings per share of €0.6017 on revenue of €51.29B. Analysts polled by Investing.com anticipated EPS of €0.5114 on revenue of €66.07B.
Royal Dutch Shell B shares are up 19% from the beginning of the year and are trading at €17.02 , down-from-52-week-high.They are under-performing the AEX which is up 21% from the start of the year.
Royal Dutch Shell B shares gained 4.80% in intra-day trade the report.
Royal Dutch Shell B follows other major Energy sector earnings this month
Royal Dutch Shell B's report follows an earnings beat by Royal Dutch Shell A on Thursday, who reported EPS of €0.6017 on revenue of €51.29B, compared to forecasts EPS of €0.5114 on revenue of €66.07B.
Vopak had missed expectations on Wednesday with second quarter EPS of €0.61 on revenue of €303.1M, compared to forecast for EPS of €0.68 on revenue of €299.00M.
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