Exxon Mobil Q3 Earnings Top Estimates on Higher Liquids Production

Exxon Mobil Corporation (XOM) reported third-quarter 2024 earnings per share of $1.92 (excluding identified items), which beat the Zacks Consensus Estimate of$1.91. The bottom line, however, declined from the year-ago level of $2.27.Total quarterly revenues of$90 billion missed the Zacks Consensus Estimate of $93.5 billion. The top line also decreased from the year-ago figure of$90.8 billion.Better-than-expected quarterly earnings were primarily driven by record-high liquids production volumes in the ups ...