Exxon Mobil signals second-quarter earnings hit from refining margins, natural gas prices

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ExxonMobil (XOM) weaker as 8K filing suggests below-consensus EPS

July 8, 2024 11:40 AM EDT

Jefferies analysts highlighted the weakness in ExxonMobil (NYSE: XOM) shares on Monday, noting the company's 8K filing revealed weaker-than-expected earnings per share (EPS).

They explained that the 8K suggests EPS of ~$1.50-2.40 per share, falling short of the VisibleAlpha consensus of ~$2.30 per... More