• Sun. Aug 14th, 2022

Recap: Exxon Mobil Q2 Earnings

ByBenzinga Insights

Jul 29, 2022
Recap: Exxon Mobil Q2 Earnings

 

Exxon Mobil XOM reported its Q2 earnings results on Friday, July 29, 2022 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Exxon Mobil beat estimated earnings by 10.7%, reporting an EPS of $4.14 versus an estimate of $3.74.

Revenue was up $47.94 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 2.24% drop in the share price the next day.

Here’s a look at Exxon Mobil’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.11 1.89 1.56 0.97
EPS Actual 2.07 2.05 1.58 1.10
Revenue Estimate 92.70B 91.28B 76.34B 65.02B
Revenue Actual 90.50B 84.97B 73.79B 67.74B

To track all earnings releases for Exxon Mobil visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.