Shell Earnings Beat Analyst Estimates on LNG Sales
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Royal Dutch Shell Plc, Europe’s largest oil company, posted earnings that beat analyst estimates for the third straight quarter after a 22 percent increase in liquefied natural-gas sales.
Excluding one-time items and inventory changes, Shell earned $4.9 billion in the third quarter. That beat the $4.3 billion mean estimate of 18 analysts surveyed by Bloomberg.