Exxon Mobil's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Exxon Mobil (NYSE:XOM) is scheduled to release its quarterly earnings report on February 2, 2024, with analysts expecting an EPS of $2.04. Historical data shows mixed reactions to past earnings, with slight price changes following announcements. Shares have declined 7.61% over the last year, indicating potential investor concern ahead of the release.
February 01, 2024 | 2:00 pm
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NEUTRAL IMPACT
Exxon Mobil is expected to report an EPS of $2.04 for the latest quarter. Historical performance shows minor price fluctuations post-earnings, with a 7.61% decline in shares over the past year.
Given Exxon Mobil's historical earnings performance and the recent downward trend in its stock price, the upcoming earnings report could maintain the stock's current trajectory or potentially reverse it, depending on whether it meets or exceeds analyst expectations and the forward guidance provided. The mixed historical price reactions suggest a neutral short-term impact, but investor sentiment could shift with significant earnings surprises or future outlook adjustments.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100