Exxon Mobil earnings, Revenue beat in Q1

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Exxon Mobil earnings, Revenue beat in Q1
Credit: © Reuters.

Investing.com - Exxon Mobil (NYSE: XOM ) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Exxon Mobil announced earnings per share of $0.65 on revenue of $59.15B. Analysts polled by Investing.com anticipated EPS of $0.5931 on revenue of $55.18B.

Exxon Mobil shares are up 42% from the beginning of the year and are trading at $58.50 , down-from-52-week-high.They are outperforming the S&P 500 which is up 12.12% year to date.

Exxon Mobil shares lost 0.75% in pre-market trade the report.

Exxon Mobil follows other major Energy sector earnings this month

Exxon Mobil's report follows an earnings beat by Chevron on Friday, who reported EPS of $0.9 on revenue of $31.07B, compared to forecasts EPS of $0.883 on revenue of $31.86B.

Royal Dutch Shell B ADR had beat expectations on Thursday with first quarter EPS of $0.84 on revenue of $55.67B, compared to forecast for EPS of $0.7917 on revenue of $62.93B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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