Company News: Exxon Mobil (XOM) Q1 earnings beat analysts’ estimates

Market news

29 April 2016

Company News: Exxon Mobil (XOM) Q1 earnings beat analysts’ estimates

Exxon Mobil reported Q1 FY 2016 earnings of $0.43 per share (versus $1.17 in Q1 FY 2015), beating analysts' consensus of $0.32.

The company's quarterly revenues amounted to $48.707 bln (-28% y/y), missing consensus estimate of $50.135 bln.

XOM rose to $88.52 (+0.56%) in pre-market trading.

U.S.: Personal Income, m/m, March 0.4% (forecast 0.3%)

Foreign exchange market. European session: the euro traded mixed against the U.S. dollar after the release of the mixed economic data from the Eurozone

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