Investing.com - Royal Dutch Shell (LON:RDSa) ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Royal Dutch Shell ADR announced earnings per share of $-2.33 on revenue of $32.5B. Analysts polled by Investing.com anticipated EPS of $-0.2 on revenue of $54.33B.
Royal Dutch Shell ADR shares are down 38% from the beginning of the year and are trading at $32.41 , down-from-52-week-high.They are under-performing the CAC 40 which is down 18.02% from the start of the year.
Royal Dutch Shell ADR follows other major Energy sector earnings this month
Royal Dutch Shell ADR's report follows an earnings beat by Equinor ADR on Friday, July 24, 2020, who reported EPS of $0.2 on revenue of $8.04B, compared to forecasts EPS of $-0.01 on revenue of $9.02B.
Schlumberger had beat expectations on Friday, July 24, 2020 with second quarter EPS of $0.05 on revenue of $5.36B, compared to forecast for EPS of $-0.01 on revenue of $5.37B.
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