Friday, April 28, 2017

Exxon Mobil Q1 Profit Beats Estimates; Upstream Volumes Down 4%

Exxon Mobil Corp. (XOM) reported estimated first-quarter net income to company of $4.01 billion, or $0.95 per share, compared with $1.81 billion or $0.43, a year earlier, resulting from improvements in commodity prices, cost management and refining operations. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.84 for the quarter. Analysts' estimates typically exclude special items.

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