Analysts anticipate Exxon Mobil to report an earnings per share (EPS) of $1.86.
Anticipation surrounds Exxon Mobil's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
In the previous earnings release, the company beat EPS by $0.12, leading to a 0.0% drop in the share price the following trading session.
Here's a look at Exxon Mobil's past performance and the resulting price change:
Quarter
Q4 2024
Q3 2024
Q2 2024
Q1 2024
EPS Estimate
1.55
1.88
2.01
2.06
EPS Actual
1.67
1.92
2.14
2.06
Price Change %
-3.0%
-2.0%
-0.0%
-3.0%
Exxon Mobil Share Price Analysis
Shares of Exxon Mobil were trading at $119.04 as of April 01. Over the last 52-week period, shares are down 1.38%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Analyst Opinions on Exxon Mobil
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Exxon Mobil.
The consensus rating for Exxon Mobil is Outperform, derived from 5 analyst ratings. An average ...