Company News: Exxon Mobil (XOM) Q2 EPS miss analysts’ estimate

Market news

28 July 2017

Company News: Exxon Mobil (XOM) Q2 EPS miss analysts’ estimate

Exxon Mobil (XOM) reported Q2 FY 2017 earnings of $0.78 per share (versus $0.41 in Q2 FY 2016), missing analysts' consensus estimate of $0.86.

The company's quarterly revenues amounted to $62.876 bln (+9% y/y), beating analysts' consensus estimate of $61.349 bln.

XOM fell to $79.27 (-1.93%) in pre-market trading.

US Q2 GDP data matches estimates

U.S.: PCE price index ex food, energy, q/q, Quarter II 0.9% (forecast 0.8%)

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