Royal Dutch Shell plc (RDS.A) Posts Quarterly Results
Royal Dutch Shell plc (NASDAQ:RDS.A) released its earnings data on Thursday. The company reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.22, Stock Ratings Network.com reports. The company had revenue of $111.22 billion for the quarter, compared to the consensus estimate of $112.80 billion. The company’s revenue for the quarter was up 1.4% on a year-over-year basis.
A number of analysts have recently weighed in on RDS.A shares. Analysts at JPMorgan Chase & Co. upgraded shares of Royal Dutch Shell plc from a “neutral” rating to an “overweight” rating in a research note on Friday, July 11th. On a related note, analysts at Nomura upgraded shares of Royal Dutch Shell plc from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 9th. Finally, analysts at Deutsche Bank upgraded shares of Royal Dutch Shell plc from a “hold” rating to a “buy” rating in a research note on Wednesday, July 9th. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $80.00.
Royal Dutch Shell plc (NASDAQ:RDS) is an independent oil and gas company, based in the United Kingdom.
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