LONDON (AP) _ Shell plc (SHEL) on Thursday reported first-quarter earnings of $7.12 billion.

On a per-share basis, the London-based company said it had profit of $1.86. Earnings, adjusted for non-recurring costs, came to $2.38 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.

The oil and gas company posted revenue of $83.16 billion in the period.

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

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News