Exxon Mobil Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Financial Results - Exxon Mobil Corporation is set to release its first-quarter financial results on April 3, with expected earnings of $1.70 per share, a decrease from $2.06 per share in the same period last year [1] - The company projects quarterly revenue of $86.09 billion, up from $83.08 billion a year earlier [1] Management Changes - Karen T. McKee, president of ExxonMobil Product Solutions Company, will retire effective May 1, with Matt Crocker named as her successor [2] - Exxon Mobil shares fell by 0.3% to close at $118.67 on the day of the announcement [2] Analyst Ratings - Morgan Stanley analyst Devin McDermott maintained an Overweight rating, lowering the price target from $141 to $138 [6] - Wells Fargo analyst Roger Read also maintained an Overweight rating, reducing the price target from $136 to $135 [6] - Truist Securities analyst Neal Dingmann maintained a Hold rating, raising the price target from $117 to $119 [6] - Piper Sandler analyst Ryan Todd maintained an Overweight rating, cutting the price target from $138 to $127 [6] - TD Cowen analyst Jason Gabelman maintained a Buy rating, increasing the price target from $127 to $132 [6]