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Economic news
01.11.2024

Company news: Exxon Mobil (XOM) posts mixed quarterly results

Exxon Mobil (XOM) reported Q3 FY2024 earnings of $1.92 per share (versus $1.94 per share in Q3 FY2023), beating analysts’ consensus estimate of $1.87 per share.

The company’s quarterly revenues amounted to $90.016 bln (-0.8% y/y), missing analysts’ consensus estimate of $93.982 bln.

The company also announced a 4% increase in quarterly dividend payment to $0.99/share.

XOM rose to $118.86 (+1.78%) in pre-market trading.

See also