Company News: Exxon Mobil (XOM) quarterly earnings beat analysts’ estimate

Market news

1 February 2019

Company News: Exxon Mobil (XOM) quarterly earnings beat analysts’ estimate

Exxon Mobil (XOM) reported Q4 FY 2018 earnings of $1.41 per share (versus $0.88 in Q4 FY 2017), beating analysts’ consensus estimate of $1.09.

The company’s quarterly revenues amounted to $71.895 bln (+8.1% y/y), missing analysts’ consensus estimate of $78.871 bln.

XOM rose to $75.80 (+3.44%) in pre-market trading.

U.S.: Average hourly earnings , January 0.1% (forecast 0.3%)

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