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Economic news
26.04.2024

Company news: Exxon Mobil (XOM) quarterly earnings miss analysts’ estimates

Exxon Mobil (XOM) reported Q1 FY2024 earnings of $2.06 per share (versus $2.83 per share in Q1 FY2023), missing analysts’ consensus estimate of $2.19 per share.

The company’s quarterly revenues amounted to $83.083 bln (-4.0% y/y), beating analysts’ consensus estimate of $79.695 bln.

XOM fell to $120.00 (-1.10%) in pre-market trading.

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