Pre Q2 Earnings: How Should You Play ExxonMobil (XOM)?

Exxon Mobil Corporation (XOM) is set to report second-quarter 2024 results on Aug 2, 2024, before the opening bell.The Zacks Consensus Estimate for second-quarter earnings is pegged at $2.04 per share, implying growth of 5.2% from the year-ago reported number. The estimate was revised downward by seven analysts in the past 30 days against no upward movement. The Zacks Consensus Estimate for second-quarter revenues is currently pegged at $90.4 billion, suggesting a 9% uptick from the year-ago actuals. Image ...