Company News: Exxon Mobil (XOM) Q2 earnings miss analysts’ forecast

Market news

27 July 2018

Company News: Exxon Mobil (XOM) Q2 earnings miss analysts’ forecast

Exxon Mobil (XOM) reported Q2 FY 2018 earnings of $0.92 per share (versus $0.78 in Q2 FY 2017), missing analysts' consensus estimate of $1.27.

The company's quarterly revenues amounted to $73.501 bln (+26.6% y/y), beating analysts' consensus estimate of $71.656 bln.

XOM fell to $82.50 (-2.07%) in pre-market trading.

U.S.: GDP, q/q, Quarter II 4.1% (forecast 4.1%)

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