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

Market news

1 May 2020

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

Exxon Mobil (XOM) reported Q1 FY 2020 earnings of $0.53 per share (versus $0.55 per share in Q1 FY 2019), beating analysts' consensus estimate of $0.06 per share.

The company's quarterly revenues amounted to $56.158 bln (-11.7% y/y), missing analysts' consensus estimate of $58.254 bln.

XOM fell to $45.60 (-1.87%) in pre-market trading.

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