Imperial announces first quarter 2019 financial and operating results
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Imperial Oil (IMO) Misses Q1 EPS by 2c, Revenues Miss
April 26, 2019 7:58 AM EDTImperial Oil (NYSE: IMO) reported Q1 EPS of $0.38, $0.02 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $7.98 billion versus the consensus estimate of $9.24 billion.
First quarter highlights
Net income of $293 million or $0.38 per share on a diluted basis, compared to a net income of $516 million or $0.62 per share in the first quarter of 2018.Cash generated from operating activities was $1,003 million, up from $985 million in the first quarter of 2018.Capital and exploration expenditures totalled $529 million, compared with $274 million in the first quarter of 2018. During... More