Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Amended: Shell Q1 Net Profit Down; CCS Earnings Up - Quick Facts

Corrects Year-ago Revenues in 4th Para to 'billion'

European oil giant Royal Dutch Shell Plc's (RDS-A: Quote, RDSA.L, RDSB.L, RDS-B) first-quarter income attributable to Royal Dutch Shell plc shareholders decreased to $8.72 billion from $8.78 billion last year, with earnings per share falling to $1.40 from $1.42 a year ago.

Quarterly earnings, on a current cost of supplies or CCS basis, were $7.66 billion or $1.23 per share, higher than the previous year's $6.93 billion or $1.12 per share.

Excluding identified items, CCS earnings advanced to $7.28 billion or $1.17 per share from $6.29 billion or $1.02 per share a year ago.

Revenue in the quarter totaled $119.92 billion, compared with $109.92 billion in the earlier year quarter.

In addition, the board announced a first-quarter 2012 dividend of $0.43 per A ordinary share and B ordinary share, an increase of $0.01 on the equivalent US dollar dividend last year.

Click here to receive FREE breaking news email alerts for Royal Dutch Shell Plc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Economic confidence in the eurozone picked up in October from a 10-month low, with broad based improvement across sectors, the results of a survey by the European Commission showed Thursday. The economic confidence index rose unexpectedly to 100.7 in October from 99.9 in the prior month. The score was expected to fall to 99.7. Visa Inc., the world's largest payment card processor, said Wednesday that its fourth quarter profit fell 10% from last year, hurt mainly by a hefty litigation provision even as revenue increased 9%. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. Stocks saw considerable volatility following the Federal Reserve's monetary policy meeting on Wednesday but maintained a negative bias before closing modestly lower. The losses on the day partly offset the rally seen in the previous session.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.