Shell Oil: 1Q Earnings Snapshot

Shell Oil: 1Q Earnings Snapshot

THE HAGUE, Netherlands (AP) _ Royal Dutch Shell PLC (RDS.A) on Thursday reported first-quarter earnings of $6 billion.

On a per-share basis, the The Hague, Netherlands-based company said it had profit of $1.46. Earnings, adjusted for non-recurring gains, were $1.30 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.

The oil and gas company posted revenue of $85.66 billion in the period.

Shell Oil shares have climbed roughly 8% since the beginning of the year. The stock has declined 9% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDS.A at https://www.zacks.com/ap/RDS.A

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