Royal Dutch Shell PLC (RDS.A) Issues Quarterly Earnings Results, Misses Estimates By $0.32 EPS

Royal Dutch Shell PLC (NYSE:RDS.A) announced its quarterly earnings results on Thursday. The energy company reported $0.50 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.82 by ($0.32), Briefing.com reports. Royal Dutch Shell PLC had a net margin of 3.71% and a return on equity of 6.69%. The business had revenue of $75.83 billion during the quarter, compared to the consensus estimate of $74.15 billion. During the same period in the previous year, the business posted $0.70 EPS. Royal Dutch Shell PLC’s revenue was up 22.6% compared to the same quarter last year.

Shares of Royal Dutch Shell PLC (NYSE:RDS.A) traded down $0.14 during mid-day trading on Friday, hitting $64.10. 3,740,000 shares of the stock traded hands, compared to its average volume of 4,277,802. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.92 and a current ratio of 1.24. Royal Dutch Shell PLC has a 12 month low of $48.07 and a 12 month high of $64.24. The stock has a market cap of $265,691.31, a price-to-earnings ratio of 20.54, a P/E/G ratio of 3.65 and a beta of 1.04.

RDS.A has been the topic of several recent research reports. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $62.00 price target on shares of Royal Dutch Shell PLC in a research report on Thursday, September 28th. Zacks Investment Research cut shares of Royal Dutch Shell PLC from a “hold” rating to a “sell” rating in a research report on Thursday, August 31st. Jefferies Group LLC reissued a “buy” rating and set a $63.20 target price on shares of Royal Dutch Shell PLC in a research report on Friday, October 6th. Scotiabank set a $54.00 target price on shares of Royal Dutch Shell PLC and gave the stock a “hold” rating in a research report on Tuesday, August 8th. Finally, Societe Generale cut shares of Royal Dutch Shell PLC from a “buy” rating to a “hold” rating in a research report on Friday. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the company’s stock. Royal Dutch Shell PLC presently has an average rating of “Buy” and an average target price of $58.78.

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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.

Earnings History for Royal Dutch Shell PLC (NYSE:RDS.A)

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