Shell: Q4 Financial Results Overview

Shell Reports Fourth-Quarter Earnings

Shell plc, headquartered in London, announced a net profit of $4.13 billion for the fourth quarter.

The company’s earnings translated to $1.42 per share, while adjusted earnings, which exclude one-time items, came in at $1.14 per share.

These figures fell short of analyst expectations, as a survey by Zacks Investment Research had predicted earnings of $1.21 per share.

During the quarter, Shell generated $66.72 billion in revenue.

For the full year, Shell reported a total profit of $17.84 billion, or $6 per share, with annual revenue reaching $273.73 billion.