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Tags: Biden Administration | Donald Trump | Financial Markets | Infrastructure | Middle East | Money | Russia

Exxon: Q3 Earnings Snapshot

Darren Woods
Darren Woods, chair and CEO of Exxon Mobile, on the NYSE floor. (AP file photo)

Friday, 29 October 2021 07:46 AM

Exxon Mobil Corp. (XOM) on Friday reported third-quarter earnings of $6.75 billion.

On a per-share basis, the Irving, Texas-based company said it had profit of $1.57. Earnings, adjusted for non-recurring costs, came to $1.58 per share.

The results surpassed Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.

The oil and natural gas company posted revenue of $73.79 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $73.3 billion.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


StreetTalk
Exxon Mobil Corp. (XOM) on Friday reported third-quarter earnings of $6.75 billion.
Exxon Mobil
102
2021-46-29
Friday, 29 October 2021 07:46 AM
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