Exxon Mobil (NYSE: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.