Does the Street Have Royal Dutch Shell Figured Out?
Royal Dutch Shell (NYS: RDS.A) is expected to report Q2 earnings on July 26. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Royal Dutch Shell's revenue will wane 15.5% and EPS will improve 1.4%.
The average estimate for revenue is $102.43 billion. On the bottom line, the average EPS estimate is $2.13.
Last quarter, Royal Dutch Shell reported revenue of $119.92 billion. GAAP reported sales were 9.1% higher than the prior-year quarter's $109.92 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $2.34. GAAP EPS of $1.40 for Q1 were 1.4% lower than the prior-year quarter's $1.42 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 16.5%, 100 basis points worse than the prior-year quarter. Operating margin was 10.1%, 70 basis points worse than the prior-year quarter. Net margin was 7.3%, 70 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $458.00 billion. The average EPS estimate is $9.16.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Royal Dutch Shell is outperform, with an average price target of $81.84.
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The article Does the Street Have Royal Dutch Shell Figured Out? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.