LONDON (AP) — LONDON (AP) — Shell plc (SHEL) on Thursday reported first-quarter net income of $7.36 billion.

The London-based company said it had net income of $2.26 per share. 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 $1.87 per share.

The oil and gas company posted revenue of $74.7 billion in the period.

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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