Analysts surveyed by FactSet are modeling earnings of 59 cents per share on revenue of $62.58 billion. For the year-ago period, Exxon reported earnings of $1.01 per diluted share on $67.34 billion in revenue.
Investors will be looking for Exxon's outlook on oil when the company releases its quarterly results, Stewart Glickman, an analyst with S&P Capital IQ, told MarketWatch.
Exxon's chemical business is again expected to be a "bright spot," Glickman added.
Exxon stock was up in late-afternoon trading on Wednesday.
Separately, TheStreet Ratings team rates the stock as a "hold" with a ratings score of C.
Exxon's strengths such as its reasonable valuation levels, solid stock price performance and largely solid financial position with reasonable debt levels by most measures are countered by weaknesses including feeble growth in the company's earnings per share, weak operating cash flow and poor profit margins.
You can view the full analysis from the report here: XOM
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.