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IRVING, Texas (AP) _ Exxon Mobil Corp. (XOM) on Friday reported third-quarter earnings of $4.24 billion.
The Irving, Texas-based company said it had profit of $1.01 per share.
The results exceeded Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.
The oil and natural gas company posted revenue of $67.34 billion in the period.
Exxon shares have dropped 11 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 1.5 percent. The stock has fallen 13 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XOM at http://www.zacks.com/ap/XOM
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Keywords: Exxon Mobil, Earnings Report, Priority Earnings
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Exxon Mobil is a and oil producing company based in United states of america. Exxon Mobil is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is US$ 510.6 billions as of today (€ 481.0 billions). Its stock quote reached its lowest recent point on March 14, 1997 at US$ 100.12, and its highest recent level on November 14, 2024 at US$ 120.51. Exxon Mobil has 4 237 270 016 shares outstanding. |