On Friday 1st November 2024, Exxon Mobil Corporation (NYSE: XOM) will be releasing its third quarter financial results. This much awaited announcement will be made before market open.
According to the forecasts of financial experts on Wall Street, the firm is expected to reveal an anticipated $1.88 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $93.94 billion.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $2.27 per share. This number was attributed to the company's total revenue, which settled at an impressive $90.76 billion during the same period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $347.18 billion. Additionally, they are expecting the company to report profit of $8.07 per share for the full year 2024.
XOM has scheduled a conference call on 1st November 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw Exxon Mobil Corporation (XOM) shares trading between $116.48 and $118.27, besides a volume of 12.30 million shares. The stock closed Wednesday's regular trading session at $116.69, reflecting 0.5 percent drop.
