Exxon Mobil Q3 2024 Adj. EPS $1.92 Beats $1.88 Estimate, Sales $90.016B Miss $93.938B Estimate
Portfolio Pulse from Benzinga Newsdesk
Exxon Mobil reported Q3 2024 earnings per share of $1.92, beating the estimate of $1.88, but sales of $90.016 billion missed the $93.938 billion estimate. EPS decreased by 15.42% from last year, while sales decreased by 0.82%.
November 01, 2024 | 10:31 am
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Exxon Mobil's Q3 2024 earnings per share beat expectations, but sales fell short. The EPS of $1.92 surpassed the $1.88 estimate, while sales of $90.016 billion missed the $93.938 billion forecast. Year-over-year, EPS decreased by 15.42% and sales by 0.82%.
Exxon Mobil's earnings per share exceeded expectations, which is positive, but the miss on sales and the year-over-year decline in both EPS and sales could neutralize the positive impact. Investors may have mixed reactions, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100