Business
Exxon Beats Earnings Estimates but Stock Falls on Revenue Miss
Exxon Mobil
beat earnings expectations in the fourth quarter but revenue came up short.
It posted adjusted quarterly earnings per share of $3.40, compared with analysts’ consensus of $3.29. Revenue in the quarter was $95.43 billion, lower than analysts’ expectations of $97.3 billion. Shares were trading down 3.3% in the premarket session at $110.
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