Company News: Exxon Mobil (XOM) quarterly earnings miss analysts’ forecast

Market news

27 April 2018

Company News: Exxon Mobil (XOM) quarterly earnings miss analysts’ forecast

Exxon Mobil (XOM) reported Q1 FY 2018 earnings of $1.09 per share (versus $0.95 in Q1 FY 2017), missing analysts' consensus estimate of $1.10.

The company's quarterly revenues amounted to $68.211 bln (+2.5% y/y), beating analysts' consensus estimate of $61.495 bln.

XOM fell to $80.01 (-1.05%) in pre-market trading.

U.S.: GDP, q/q, Quarter I 2.3% (forecast 2%)

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