THE HAGUE, Netherlands (AP) _ Royal Dutch Shell PLC (SHEL) on Thursday reported fourth-quarter profit of $11.46 billion.
The The Hague, Netherlands-based company said it had profit of $2.96 per share. Earnings, adjusted for non-recurring gains, came to $1.65 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share.
The oil and gas company posted revenue of $90.22 billion in the period.
For the year, the company reported profit of $20.1 billion, or $5.15 per share. Revenue was reported as $272.66 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHEL at https://www.zacks.com/ap/SHEL
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