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Exxon Mobil Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
XOMExxonMobil(XOM) Benzinga·2025-04-03 13:28

Financial Results - Exxon Mobil Corporation is set to release its first-quarter financial results on April 3, with expected earnings of 1.70pershare,adecreasefrom1.70 per share, a decrease from 2.06 per share in the same period last year [1] - The company projects quarterly revenue of 86.09billion,upfrom86.09 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 118.67onthedayoftheannouncement[2]AnalystRatings−MorganStanleyanalystDevinMcDermottmaintainedanOverweightrating,loweringthepricetargetfrom118.67 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]−WellsFargoanalystRogerReadalsomaintainedanOverweightrating,reducingthepricetargetfrom138 [6] - Wells Fargo analyst Roger Read also maintained an Overweight rating, reducing the price target from 136 to 135[6]−TruistSecuritiesanalystNealDingmannmaintainedaHoldrating,raisingthepricetargetfrom135 [6] - Truist Securities analyst Neal Dingmann maintained a Hold rating, raising the price target from 117 to 119[6]−PiperSandleranalystRyanToddmaintainedanOverweightrating,cuttingthepricetargetfrom119 [6] - Piper Sandler analyst Ryan Todd maintained an Overweight rating, cutting the price target from 138 to 127[6]−TDCowenanalystJasonGabelmanmaintainedaBuyrating,increasingthepricetargetfrom127 [6] - TD Cowen analyst Jason Gabelman maintained a Buy rating, increasing the price target from 127 to $132 [6]