Over the three months to March, the company earned $9.1 billion, or $2.10 a share, slightly less than $9.5 billion, or $2.12 a share, in the quarter a year earlier.
Total revenue of $106.77 billion was 1.8% lower year over year.
Analysts surveyed by Thomson Reuters forecast net income of $2.05 a share and $119.8 billion in revenue.
TheStreet Ratings team rates EXXON MOBIL CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate EXXON MOBIL CORP (XOM) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins."
- You can view the full analysis from the report here: XOM Ratings Report
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