Imperial Oil (IMO) Tops Q1 Earnings Estimates

Core Viewpoint - Imperial Oil reported quarterly earnings of $1.75 per share, exceeding the Zacks Consensus Estimate of $1.52 per share, and showing an increase from $1.65 per share a year ago, representing an earnings surprise of 15.13% [1][2] Financial Performance - The company posted revenues of $8.72 billion for the quarter ended March 2025, which was 21.51% below the Zacks Consensus Estimate and a decrease from $9.11 billion year-over-year [2] - Over the last four quarters, Imperial Oil has surpassed consensus EPS estimates four times but has not beaten consensus revenue estimates [2] Stock Performance - Imperial Oil shares have increased approximately 10.5% since the beginning of the year, contrasting with a decline of 4.7% in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.19 on revenues of $10.98 billion, and for the current fiscal year, it is $5.64 on revenues of $40.1 billion [7] - The outlook for the industry, specifically the Oil and Gas - Integrated - Canadian sector, is favorable, ranking in the top 21% of over 250 Zacks industries [8]