Exxon Mobil reported second-quarter earnings on Friday that declined considerably in comparison with final yr, although the corporate beat Wall Road estimates as manufacturing progress softened the influence of decrease oil costs.
Exxon’s internet revenue fell 23% to $7.1 billion, of $1.64 per share, in comparison with $9.2 billion, or $2.14 per share, in the identical interval final yr.
Here’s what Exxon reported for the second quarter in contrast with what Wall Road was anticipating, based mostly on a survey of analysts by LSEG:
- Earnings per share: $1.64 vs. $1.54 anticipated
- Income: $81.5 billion vs. $80.77 billion anticipated
It is a breaking information story. Please verify again for updates.
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