Shell Q4 Earnings Miss on Lower Prices, Still Raises Dividend

Europe’s largest oil company, Shell plc (SHEL) , reported fourth-quarter 2024 earnings per ADS (on a current cost of supplies basis, excluding items — the market’s preferred measure) of $1.20. The bottom line came in well below the Zacks Consensus Estimate of $1.78 and fell from the year-earlier quarter’s earnings of $2.22 per American Depositary Share (ADS), dragged down by weaker realized prices, drop in trading margins and lower LNG sales.Find the latest EPS estimates and surprises on Zacks Earnings Cale ...