Exxon Mobil Earnings, Revenue Beat in Q2
2022.07.29 13:49
Exxon Mobil Earnings, Revenue Beat in Q2
Investing.com – Exxon Mobil (NYSE:XOM) reported on Friday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Exxon Mobil announced earnings per share of $4.14 on revenue of $115.68B. Analysts polled by Investing.com anticipated EPS of $3.84 on revenue of $94.97B.
Exxon Mobil shares are up 51% from the beginning of the year, still down 12.25% from its 52 week high of $105.57 set on June 8. They are outperforming the S&P 500 which is down 14.56% from the start of the year.
Exxon Mobil follows other major Energy sector earnings this month
Exxon Mobil’s report follows an earnings beat by Chevron on Friday, who reported EPS of $5.82 on revenue of $68.76B, compared to forecasts EPS of $5.09 on revenue of $57.96B.
Shell ADR had beat expectations on Thursday with second quarter EPS of $3.08 on revenue of $100.06B, compared to forecast for EPS of $2.75 on revenue of $94.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
