Exxon Mobil (XOM) Lags Q1 Earnings and Revenue Estimates

Exxon Mobil (XOM) came out with quarterly earnings of $2.06 per share, missing the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $2.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.94%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $2.21 per share when it actually produced earnings of $2.48, delivering a surprise of 12.22%.Over the last four quarter ...