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Shell (SHEL) Laps the Stock Market: Here's Why
SHELShell Global(SHEL) ZACKS·2024-06-18 23:20

Heading into today, shares of the oil and gas company had lost 3.41% over the past month, outpacing the OilsEnergy sector's loss of 5.99% and lagging the S&P 500's gain of 3.34% in that time. SHEL's full-year Zacks Consensus Estimates are calling for earnings of $8.37 per share and revenue of $351.7 billion. These results would represent year-over-year changes of -0.36% and +8.82%, respectively. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We ...