ExxonMobil Reports Results for First Quarter 2020

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ExxonMobil (XOM) Reports Q1 EPS of $0.53, reducing 2020 capital and operating spend

May 1, 2020 7:37 AM EDT

ExxonMobil (NYSE: XOM) reported Q1 EPS of $0.53, versus $0.55 reported last year. Revenue for the quarter came in at $56.16 billion versus the consensus estimate of $51.85 billion.

ExxonMobil announced that it is reducing its 2020 capital spending by 30 percent and lowering cash operating expenses by 15... More