Exxon Mobil Corp. Q2 Profit Advances
Exxon Mobil Corp. (XOM) released earnings for its second quarter that increased from the same period last year.
The company’s bottom line totaled $3.95 billion, or $0.92 per share. This compares with $3.35 billion, or $0.78 per share, in last year’s second quarter.
Analysts had expected the company to earn $1.27 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 26.5% to $73.50 billion from $58.08 billion last year.
Exxon Mobil Corp. earnings at a glance:
-Earnings (Q2): $3.95 Bln. vs. $3.35 Bln. last year.
-EPS (Q2): $0.92 vs. $0.78 last year.
-Analysts Estimate: $1.27
-Revenue (Q2): $73.50 Bln vs. $58.08 Bln last year.
by RTTNews Staff Writer
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