Shell's Update to Hit Consensus Expectations -- Market Talk
Dow Jones01-08
0833 GMT - Shell's trading update is likely to result in a roughly 10% downward revision to net income consensus expectations, Jefferies analysts Mark Wilson and Kai Ye Loh write. Ahead of the release, market watchers were expecting a quarterly net income of $4.315 billion but a weak chemicals and products performance will hurt this, they say. Additionally, deferred tax payments help offset a strong refining margin and largely in-line upstream performance, they say. Shell shares fall 1.6% to 2,612.50 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
January 08, 2026 03:34 ET (08:34 GMT)
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