Seeking Clues to Shell (SHEL) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Viewpoint - Shell (SHEL) is expected to report quarterly earnings of $1.21 per share, a 0.8% increase year-over-year, with revenues projected at $68.09 billion, reflecting a 1.9% year-over-year increase [1]. Earnings Projections - The consensus EPS estimate has been revised 0.3% lower over the last 30 days, indicating a reevaluation by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Key Metrics Estimates - Analysts predict the 'INTEGRATED GAS - Realised gas price' to be $6.90 per thousand scf, down from $8.10 in the same quarter last year [5]. - 'INTEGRATED GAS - LNG liquefaction volumes' are forecasted to reach 8 million tons, up from 7 million tons year-over-year [5]. - The estimated 'INTEGRATED GAS - Realised liquids price' is $55.89 per barrel, compared to $63.45 in the same quarter last year [6]. - The consensus for 'CHEMICALS & PRODUCTS - Global indicative refining margin' is $13.56 per barrel, significantly up from $5.54 in the same quarter last year [6]. - 'CHEMICALS & PRODUCTS - Refinery utilisation' is expected to be 93.0%, a notable increase from 76.0% year-over-year [7]. - 'CHEMICALS & PRODUCTS - Chemicals sales volumes' are projected at 2469 thousand tons, down from 2926 thousand tons in the same quarter last year [7]. - The estimated 'UPSTREAM - Realised liquids price' is $60.34 per barrel, compared to $70.69 in the same quarter last year [9]. Stock Performance - Over the past month, Shell shares have returned +0.9%, while the Zacks S&P 500 composite has changed by +1.8% [11]. - Shell currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [11].