AMSTERDAM: Equities research analysts at Cowen and Company decreased their target price on shares of Royal Dutch Shell plc (NASDAQ:RDS.A) from $71.00 to $66.00 in a report issued on Friday, StockTargetPrices.com reports.
Royal Dutch Shell plc last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.29. The firm had revenue of $72.40 billion for the quarter, compared to analyst estimates of $68.27 billion. The company’s revenue was down 34.9% compared to the same quarter last year. During the same period last year, the company earned $1.94 EPS.
The business also recently disclosed a dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.94 per share. The ex-dividend date is Wednesday, August 12th.
