Plus   Neg

Exxon Mobil Corp. Profit Drops In Q2

Exxon Mobil Corp. (XOM) announced earnings for second quarter that fell from the same period last year.

The company's profit totaled $3.13 billion, or $0.73 per share. This compares with $3.95 billion, or $0.92 per share, in last year's second quarter.

Analysts had expected the company to earn $0.66 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.0% to $69.09 billion from $73.50 billion last year.

Exxon Mobil Corp. earnings at a glance:

-Earnings (Q2): $3.13 Bln. vs. $3.95 Bln. last year.
-EPS (Q2): $0.73 vs. $0.92 last year.
-Analysts Estimate: $0.66
-Revenue (Q2): $69.09 Bln vs. $73.50 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT