Home / profit / economiccalendar : Exxon Mobil (XOM) Beats EPS Estimates, but Misses on Revenues

economiccalendar : Exxon Mobil (XOM) Beats EPS Estimates, but Misses on Revenues

Exxon Mobil (XOM) Beats EPS Estimates, but Misses on Revenues

Exxon Mobil (XOM) Beats EPS Estimates, but Misses on Revenues*/

This morning, oil giant, Exxon Mobil (NYSE:XOM) reported third quarter results, beating on earnings per share estimates, but missing on revenues.Exxon said they earned $2.7 billion, or $0.63 per share, on revenue of $58.68 billion.A significant drop from the same quarter a year-ago, where the company reported a profit of $4.2 billion, or $1.01 per share, on $67.3 billion in revenues.

read more from here

Holder Move: Exxon Mobil Corp (XOM) Stock Rose While Apg Asset Management Nv Has Lowered Position

Holder Move: Exxon Mobil Corp (XOM) Stock Rose While Apg Asset Management Nv Has Lowered Position*/

Apg Asset Management Nv decreased its stake in Exxon Mobil Corp (XOM) by 5.34% based on its latest 2016Q2 regulatory filing with the SEC.Apg Asset Management Nv sold 540,675 shares as the company’s stock rose 12.99% with the market.The institutional investor held 9.58 million shares of the integrated oil company at the end of 2016Q2, valued at $897.75 million, down from 10.12 million at the end of the previous reported quarter.

read more from here

Exxon Mobil Corporation (XOM) Stock Slides on Cratering Revenue, Earnings

Exxon Mobil Corporation (XOM) Stock Slides on Cratering Revenue, Earnings*/

Stocks mentioned in this story: XOM, CVXShares of Exxon Mobil Corporation (ticker: XOM) fell on Friday after a disappointing third-quarter earnings report that saw revenue fall 13 percent and profits slide by almost 40 percent.XOM stock, which had gained 4.4 percent in the last month, was down 1.6 percent in early morning trading.Exxon managed to earn $2.65 billion in the quarter, down 38 percent from the $4.24 billion it made a year ago.

read more from here

Check Also

UKs Dairy Crest Expects Higher Half Year Profit picture-13689-291x165

UK’s Dairy Crest Expects Higher Half-Year Profit

  UK’s Dairy Crest Expects Higher Half-Year Profit. Dairy Crest Group Plc, Britain’s largest dairy …