Shell Oil (RDS.A) closed at $35.03 in the latest trading session, marking a -0.37% move from the prior day. This change lagged the S&P 500’s daily gain of 1.39%. Elsewhere, the Dow gained 1.11%, while the tech-heavy Nasdaq added 1.65%.
Coming into today, shares of the oil and gas company had gained 0.66% in the past month. In that same time, the Oils-Energy sector gained 35.29%, while the S&P 500 gained 25.31%.
Wall Street will be looking for positivity from RDS.A as it approaches its next earnings report date. This is expected to be April 30, 2020. The company is expected to report EPS of $0.51, down 60.77% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of