Investing.com - Exxon Mobil (NYSE:XOM) reported third quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $0.68 on revenue of $65.05B. Analysts polled by Investing.com forecast EPS of $0.67 on revenue of $62.31B. That compared to EPS of $1.46 on revenue of $76.61B in the same period a year earlier. The company had reported EPS of $0.61 on revenue of $69.09B in the previous quarter.
Exxon Mobil shares gained 0.55% to trade at $67.94 in pre-market trade following the report.
Exxon Mobil shares gained 0.55% to trade at $67.94 in pre-market trade following the report.
For the year, Exxon Mobil shares are down 0.91%, under-performing the S&P Global (NYSE:SPGI) 100 which is up 18.99% year to date.
Exxon Mobil follows other major Energy sector earnings this month
On Thursday, Royal Dutch Shell B ADR reported third quarter EPS of $1.18 on revenue of $86.59B, compared to forecasts of EPS of $0.99 on revenue of $78.16B.
Total ADR earnings beat analyst's expectations on Wednesday, with third quarter EPS of $1.13 on revenue of $42.54B. Investing.com analysts expected EPS of $1.04 on revenue of $45.27B
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