Exxon Mobil (XOM) Q3 Earnings Surpass Estimates

Core Insights - Exxon Mobil reported quarterly earnings of $1.88 per share, exceeding the Zacks Consensus Estimate of $1.81 per share, but down from $1.92 per share a year ago, representing an earnings surprise of +3.87% [1] - The company posted revenues of $85.29 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 1.7% and down from $90.02 billion year-over-year [2] - Exxon has surpassed consensus EPS estimates for the last four quarters but has not beaten revenue estimates during the same period [2] Earnings Performance - The earnings surprise of +3.87% indicates a positive performance relative to expectations, while the revenue miss suggests challenges in sales [1][2] - The current consensus EPS estimate for the upcoming quarter is $1.65 on revenues of $85 billion, and for the current fiscal year, it is $6.82 on revenues of $331.32 billion [7] Stock Performance and Outlook - Exxon shares have increased by approximately 6.6% since the beginning of the year, underperforming the S&P 500, which has gained 16% [3] - The company's Zacks Rank is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Oil and Gas - Integrated - International industry is currently ranked in the bottom 39% of over 250 Zacks industries, which may impact Exxon's stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that investors should monitor these revisions closely [5]