Exxon Mobil Q1 2024 Adj EPS $2.06 Misses $2.20 Estimate, Total Revenues And Other Income $83.083B Beat $78.352B Estimate
Portfolio Pulse from Benzinga Newsdesk
Exxon Mobil reported Q1 2024 adjusted EPS of $2.06, missing the $2.20 estimate, but total revenues of $83.083B exceeded the $78.352B forecast. This represents a 4.02% decrease in sales compared to the same period last year.
April 26, 2024 | 10:31 am
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NEUTRAL IMPACT
Exxon Mobil's Q1 2024 earnings report showed a mixed performance with an EPS miss but higher-than-expected revenues.
The missed EPS might concern investors looking for profitability signals, while the revenue beat indicates strong sales performance. The mixed results could lead to neutral short-term stock price movement as investors weigh the implications.
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