LONDON (AP) — LONDON (AP) — Shell plc (SHEL) on Thursday reported first-quarter profit of $5.69 billion.
On a per-share basis, the London-based company said it had net income of $2. Earnings, adjusted for non-recurring costs, were $2.44 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.
The oil and gas company posted revenue of $70.13 billion in the period.
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