Exxon Mobil Corp. (XOM) reported third-quarter net income of $14.83 billion or $2.86 per share, compared to $9.41 billion or $1.70 per share in the same quarter last year.
Net income included an after-tax special gain of $1.62 billion from the sale of a natural gas transportation business in Germany and an after-tax special charge of $170 million reflecting a provision for interest related to the Valdez punitive damages award.
Earnings, excluding items, were $13.38 billion, or $2.59 per share, compared to $9.41 billion, or $1.70 per share, in the prior year quarter. On average, 13 analysts polled by First Call/Thomson Financial expected earnings of $2.39 per share.
Total revenues and other income for the quarter rose to $137.74 billion from $102.34 billion in the comparable quarter a year-ago.
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