Exxon Mobil Q2 Adj. EPS $1.94 Misses $2.01 Estimate, Sales $82.91B Beat $80.19B Estimate
Portfolio Pulse from Benzinga Newsdesk
Exxon Mobil's Q2 adjusted EPS of $1.94 missed the estimated $2.01, a decrease of 53.14% from the same period last year. However, the company's quarterly sales of $82.91 billion beat the estimated $80.19 billion, despite a decrease of 28.33% from the previous year.
July 28, 2023 | 10:32 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Exxon Mobil's Q2 earnings missed estimates and decreased significantly from the previous year. Sales beat estimates but also decreased YoY.
Exxon Mobil's missed earnings and decreased sales YoY could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100