Imperial Oil (IMO) Surpasses Q2 Earnings Estimates

Core Viewpoint - Imperial Oil reported quarterly earnings of $1.34 per share, exceeding the Zacks Consensus Estimate of $1.22 per share, but down from $1.54 per share a year ago, indicating a +9.84% earnings surprise [1] Group 1: Earnings Performance - The company has surpassed consensus EPS estimates for the last four quarters [2] - Imperial Oil's revenues for the quarter ended June 2025 were $8.12 billion, missing the Zacks Consensus Estimate by 23.02%, and down from $9.78 billion year-over-year [2] - The company has not beaten consensus revenue estimates in the last four quarters [2] Group 2: Stock Performance - Imperial Oil shares have increased approximately 35.5% since the beginning of the year, compared to the S&P 500's gain of 7.8% [3] - The stock's immediate price movement will depend on management's commentary during the earnings call [3] Group 3: Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.24 on revenues of $10.2 billion, and for the current fiscal year, it is $5.57 on revenues of $37.93 billion [7] - The Zacks Industry Rank for Oil and Gas - Integrated - Canadian is in the top 40% of over 250 Zacks industries, indicating a favorable outlook [8] Group 4: Competitor Insights - Suncor Energy, a competitor in the same industry, is expected to report quarterly earnings of $0.50 per share, reflecting a year-over-year decline of -46.2% [9] - Suncor Energy's anticipated revenues are $7.65 billion, down 19.7% from the previous year [10]