Company News: Exxon Mobil (XOM) quarterly results miss analysts’ expectations

Market news

26 April 2019

Company News: Exxon Mobil (XOM) quarterly results miss analysts’ expectations

Exxon Mobil (XOM) reported Q1 FY 2019 earnings of $0.55 per share (versus $1.09 in Q1 FY 2018), missing beating analysts’ consensus of $0.74.

The company’s quarterly revenues amounted to $63.625 bln (-6.7% y/y), missing analysts’ consensus estimate of $67.354 bln.

XOM fell to $80.40 (-2.22%) in pre-market trading.

U.S.: GDP, q/q, Quarter I 3.2% (forecast 2%)

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