-=Royal Dutch Shell (RDS.A) reported earnings on Thur 1 Nov 2018 (b/o)

Royal Dutch Shell reports EPS in-line 

Reports Q3 (Sep) earnings of $0.68 per share, in-line with the S&P Capital IQ Consensus of $0.68; revenues rose 30.6% year/year to $101.55 bln.

Cash flow from operating activities for the third quarter 2018 was $12.1 billion, which included negative working capital movements of $2.6 billion, compared with $7.6 billion in the third quarter 2017, which included negative working capital movements of $1.3 billion[i]. Excluding working capital movements, cash flow from operations of $14.7 billion mainly reflected increased earnings and higher dividends received.

Total dividends distributed to shareholders in the quarter were $3.9 billion. In October, the first tranche of the share buyback programme was completed, with almost 61 million A ordinary shares bought back for cancellation for an aggregate consideration of $2.0 billion.