- ExxonMobil's (XOM) $1.55 EPS, which fell far short of expectations, was the company's lowest EPS since Sept. 2010. (Q2 results)
- Earned $6.86B on revenue of $106.47B billion after earning $15.9B on revenue of $127.36B in the year-ago quarter when results were inflated by the sale of the Japanese lubricants division; removing those effects, net income fell 19%.
- Upstream earnings were $6.3B, down 24.5% Y/Y; downstream earnings were $396M, down from $6.6B a year ago which included a $5.3B gain related to the Japan sale.
- Oil and gas production fell 1.9%.
- Shares -1.4% premarket.
Exxon shares fall after big earnings miss
Aug 1 2013, 08:47 ET