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

Market news

2 August 2019

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

Exxon Mobil (XOM) reported Q2 FY 2019 earnings of $0.61 per share (versus $0.92 in Q2 FY 2018), missing analysts’ consensus estimate of $0.73.

The company’s quarterly revenues amounted to $69.091 bln (-6.0% y/y), beating analysts’ consensus estimate of $64.474 bln.

XOM rose to $74.17 (+2.36%) in pre-market trading.

Fights in U.S.-China trade talks should be dealt with calm – Xinhua

UK's construction PMI rebounds from a 10-year low in July – TD Securities

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