Shell Q3 Earnings Beat as High LNG Sales Offset Refining Woes

Europe's largest oil company, Shell plc (SHEL) , reported third-quarter 2024 earnings per ADS (on a current cost of supplies basis, excluding items — the market's preferred measure) of $1.92. The bottom line came in well above the Zacks Consensus Estimate of$1.72 and improved from the year-earlier quarter's earnings of $1.86 per American Depositary Share (ADS), backed by strong production and higher LNG sales. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. However, Shell's revenues ...