Investing.com – Exxon Mobil (NYSE:) reported on Tuesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
Exxon Mobil announced earnings per share of $0.03 on revenue of $46.54B. Analysts polled by Investing.com anticipated EPS of $0.009 on revenue of $45.97B.
Exxon Mobil shares are up 8% from the beginning of the year, still down 28.71% from its 52 week high of $63.01 set on February 6, 2020. They are outperforming the S&P Global 100 which is up 1.24% from the start of the year.
Exxon Mobil shares gained 1.51% in pre-market trade following the report.
Exxon Mobil follows other major Energy sector earnings this month
Exxon Mobil’s report follows an earnings missed by Chevron on Friday, who reported EPS of $-0.01 on revenue of $25.25B, compared to forecasts EPS of $0.0918 on revenue of $25.82B.
BP ADR had missed expectations on Tuesday with fourth quarter EPS of $0.0342 on revenue of $48.57B, compared to forecast for EPS of $0.0822 on revenue of $49.59B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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