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

Market news

2 February 2021

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

Exxon Mobil (XOM) reported Q4 FY 2020 earnings of $0.03 per share (versus $1.33 per share in Q4 FY 2019), beating analysts’ consensus estimate of $0.02 per share.

The company’s quarterly revenues amounted to $46.540 bln (-30.7% y/y), missing analysts’ consensus estimate of $48.756 bln.

XOM rose to $45.88 (+2.14%) in pre-market trading.

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