Royal Dutch Shell PLC (RDS.A) Expected to Post Earnings of $0.82 Per Share
Brokerages expect Royal Dutch Shell PLC (NYSE:RDS.A) to post earnings of $0.82 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Royal Dutch Shell PLC’s earnings. Royal Dutch Shell PLC reported earnings per share of $0.70 during the same quarter last year, which suggests a positive year-over-year growth rate of 17.1%. The firm is expected to report its next earnings report on Tuesday, November 7th.
On average, analysts expect that Royal Dutch Shell PLC will report full-year earnings of $3.37 per share for the current year, with EPS estimates ranging from $3.16 to $3.55. For the next year, analysts expect that the business will report earnings of $3.97 per share, with EPS estimates ranging from $3.49 to $4.50. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Royal Dutch Shell PLC.
Several research analysts recently issued reports on RDS.A shares. Exane BNP Paribas raised Royal Dutch Shell PLC from a “neutral” rating to an “outperform” rating in a report on Friday, May 26th. Zacks Investment Research lowered Royal Dutch Shell PLC from a “hold” rating to a “strong sell” rating in a report on Friday, May 19th. Piper Jaffray Companies set a $62.00 target price on Royal Dutch Shell PLC and gave the stock a “buy” rating in a report on Friday, August 25th. Jefferies Group LLC set a $65.00 target price on Royal Dutch Shell PLC and gave the stock a “buy” rating in a report on Friday, August 18th. Finally, Macquarie lowered Royal Dutch Shell PLC from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 21st. Three analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $57.13.
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The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Friday, August 11th will be given a dividend of $0.799 per share. The ex-dividend date is Wednesday, August 9th. This represents a $3.20 dividend on an annualized basis and a yield of Infinity. Royal Dutch Shell PLC’s payout ratio is 163.27%.
About Royal Dutch Shell PLC
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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