ExxonMobil (XOM) net income rises from Q2
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Amazon, Intel, Exxon Mobil rise premarket; Ford, Chevron fall
October 27, 2023 7:37 AM EDTInvesting.com -- U.S. futures rose Friday, boosted by strong numbers from a couple of tech giants ahead of the release of key inflation data.
Here are some of the biggest premarket U.S. stock movers today:
Amazon (NASDAQ: AMZN) stock rose 6.1% after the e-commerce giant reported third-quarter results that topped expectations as growth in its cloud business continued to... More
Exxon Mobil (XOM) Misses Q3 EPS by 12c, Revenues Miss
October 27, 2023 6:33 AM EDTExxon Mobil (NYSE: XOM) reported Q3 EPS of $2.25, $0.12 worse than the analyst estimate of $2.37. Revenue for the quarter came in at $90.76 billion versus the consensus estimate of $94.06 billion.
For earnings history and earnings-related data on Exxon Mobil (XOM) click here.
... MoreExxon posts sharply lower $9.1 billion profit on lower oil, gas prices
October 27, 2023 6:32 AM EDTBy Sabrina Valle
HOUSTON (Reuters) -Exxon Mobil Corp on Friday posted a sharply lower $9.1 billion third-quarter profit, missing analysts' estimates for the second quarter in a row, and off 54% from a year ago.
Earnings by the largest U.S. oil producer have benefited from higher crude oil prices compared to the previous quarter and greater demand for gasoline and diesel, but prices are well off record year-ago levels.
Shares fell about 2% in morning trade to $105.55 as per-share profit of $2.25 was 5% below analysts' forecasts for $2.37 per share. A year ago, the company earned $4.68 per share when... More
