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Barchart
Sohini Mondal

Here's What to Expect From Exxon Mobil's Next Earnings Report

Exxon Mobil XOM

Exxon Mobil Corporation (XOM), with a massive market cap of $446.6 billion, is a leading integrated oil and gas company with diverse operations. The Spring, Texas-based company is expected to unveil its fiscal Q2 earnings results on Friday, Jul. 26.

Prior to the event, analysts anticipate XOM to report a profit of $2.23 per share, up nearly 15% from $1.94 per share in the year-ago quarter. The company has missed Wall Street's bottom-line estimates in three of the past four quarters while surpassing on one other occasion. The company reported an EPS of $2.06, missing the consensus EPS estimate by 5.9% in the most recent quarter due to weaker refining margins and lower natural gas prices.

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