Exxon Mobil Earnings Miss, Revenue Beats In Q1
2022.04.29 13:52
Exxon Mobil Earnings Miss, Revenue Beats In Q1
Investing.com – Exxon Mobil (NYSE:XOM) reported on Friday first quarter earnings that missed analysts’ forecasts and revenue that topped expectations.
Exxon Mobil announced earnings per share of $2.07 on revenue of $90.5B. Analysts polled by Investing.com anticipated EPS of $2.23 on revenue of $81.3B.
Exxon Mobil shares are up 42% from the beginning of the year, still down 4.70% from its 52 week high of $91.50 set on March 8. They are outperforming the S&P 500 which is down 10.04% from the start of the year.
Exxon Mobil follows other major Energy sector earnings this month
Exxon Mobil’s report follows an earnings missed by Chevron on Friday, who reported EPS of $3.36 on revenue of $54.37B, compared to forecasts EPS of $3.43 on revenue of $50.65B.
TotalEnergies SE ADR had beat expectations on Thursday with first quarter EPS of $3.4 on revenue of $63.95B, compared to forecast for EPS of $2.97 on revenue of $72.78B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
