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ExxonMobil (XOM) Posts Q4 EPS of $0.41, Including $2B Impairment Charge

January 31, 2017 8:03 AM

ExxonMobil (NYSE: XOM) reported Q4 EPS of $0.41, which may not compare to the analyst estimate of $0.70. Results include a $2 billion impairment charge

"ExxonMobil demonstrated solid operating performance in 2016. Financial results for the year were negatively impacted by the prolonged downturn in commodity prices and the impairment charge,” said Darren W. Woods, chairman and chief executive officer. “The company’s continued focus on fundamentals and our ability to leverage an attractive global portfolio through our integrated business ensures we are well positioned to generate long-term shareholder value.”

For earnings history and earnings-related data on ExxonMobil (XOM) click here.

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