Shell misses top-line and bottom-line estimates; initiates Q3 outlook

5 days ago 1
  • Shell press release (NYSE:SHEL): Q2 Non-GAAP EPS of $0.72 misses by $0.55.
  • Revenue of $65.41B (-12.2% Y/Y) misses by $800M.
  • Adjusted Earnings of $4.3 billion despite lower trading contribution in a weaker margin environment.
  • Robust CFFO of $11.9 billion, supported by strong

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