Exxon Mobil Corporation (XOM) reported fourth-quarter 2023 earnings per share of $2.48 (excluding identified items), which beat the Zacks Consensus Estimate of $2.21. However, the bottom line declined from the year-ago level of $3.40.Total quarterly revenues of $84,344 million missed the Zacks Consensus Estimate of $91,814 million and also declined from the year-ago quarter’s figure of $95,429 million.Better-than-expected quarterly earnings primarily resulted from increased liquids production. The positives ...

Exxon Mobil (XOM) reported $84.34 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 11.6%. EPS of $2.48 for the same period compares to $3.40 a year ago.The reported revenue represents a surprise of -8.14% over the Zacks Consensus Estimate of $91.81 billion. With the consensus EPS estimate being $2.21, the EPS surprise was +12.22%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

Exxon Mobil Corporation (NYSE:XOM) Q4 2023 Earnings Call Transcript February 2, 2024 8:30 AM ET Company Participants Jennifer Driscoll - VP, IR Darren Woods - Chairman and CEO Kathy Mikells - SVP and CFO Conference Call Participants Neil Mehta - Goldman Sachs Doug Leggate - Bank of America Devin McDermott - Morgan Stanley John Royall - JP Morgan Bob Brackett - Bernstein Research Ryan Todd - Piper Sandler Biraj Borkhataria - RBC Sam Margolin - Wolfe Research. Jason Gabelman - TD Cowen Paul Cheng - Scotiabank ...

Darren Woods – the chief executive of Exxon Mobil Corp (NYSE: XOM) attributes strength in the company’s recently concluded quarter to “excellence in execution”.$XOM has doubled its earnings powerCopy link to sectionThe oil and gas behemoth came in ahead of Street estimates for per-share earnings in its fiscal fourth quarter. Its quarterly revenue, however, came in shy of expectations, as per a press release on Friday. But Darren Woods remains content with the overall performance of $XOM as it beats peers in ...

2023 Our strategy is delivering Fourth-quarter leading results earnings 2.2.24 Important information for investors and stockholders ...

Exxon Mobil (XOM) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $3.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.22%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $2.36 per share when it actually produced earnings of $2.27, delivering a surprise of -3.81%.Over the last four quarter ...

Exxon Mobil (NYSE:XOM) posted strong Q4 2023 earnings on Feb. 2, but shares still fell in pre-market trading. Revenue of $84.3 billion missed expectations by just 1%, and the company’s earnings per share of $2.48 outperformed predictions of $2.21 by 12%.Energy trading was particularly noteworthy. The Houston-based firm posted a $1.14 billion gain from its trading arm, offsetting a $410 million profit reduction from declining oil prices. This performance is noteworthy considering Exxon’s relatively cautious ...

Shares of Exxon Mobil Corp. XOM, -0.41% rallied 1.9% in premarket trading Friday, after the oil and gas giant reported fourth-quarter profit and free cash flow that beat expectations even as revenue fell well short. Net income dropped to $7.63 billion, or $1.91 a share, from $12.75 billion, or $3.09 a share, in the year-ago period. Excluding nonrecurring items, such as a $2 billion impairment resulting from regulatory obstacles in California, adjusted earnings per share of $2.48 beat the FactSet consensus ...

An Exxon Mobil gas station in Washington, DC, US, on Tuesday, Nov. 28, 203.Exxon Mobil reported quarterly earnings that beat Wall Street's expectations, but the company's profit declined significantly from same period the year prior.Here's what Exxon reported for the fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $2.48 adjusted vs. $2.21 expectedExxon reported net income of $7.63 billion, or $1.91 per share, ...

Many believe the 2024 U.S. presidential elections will meaningfully affect oil stocks moving forward because the likely candidates of both parties are miles apart in terms of views on energy.Exxon Mobil Corp (NYSE: XOM) will particularly remain in focus considering it’s a key name in this space. What Donald Trump’s victory may mean for Exxon stockCopy link to sectionExxon stock will likely shine in the coming years if Donald Trump is elected as the 47th president of the United States in November.That’s prim ...