Exxon Mobil ( XOM), the world's largest publicly traded energy company, is expected by analysts Thursday to post first-quarter profit of $2.10 a share, down from $2.14 a share a year earlier. Analysts expect revenue at Exxon to rise almost 10% to about $125 billion. The oil giant raised its quarterly dividend Wednesday by 21% to 57 cents a share from 47 cents.
Amazon ( AMZN), the online retailer, is expected by analysts to post first-quarter earnings of 7 cents a share, down from 44 cents a share a year earlier. Sales are seen rising 31% to $12.9 billion. Amazon is scheduled to report after the markets close Thursday.
Chrysler, the U.S. automaker, posted quarterly profit of $473 million, its best quarter in 13 years. Chrysler's sales in the first quarter rose 39% on strength in North America. The company also reiterated that it would earn $1.5 billion in 2012.
Royal Dutch Shell ( RDS.A) posted first-quarter earnings that topped estimates because of a boost in production and higher oil prices. Shell's earnings on the industry standard CCS or "current cost of supplies" measure, which strips out changes in the price of oil, and excluding one-time charges, were $7.30 billion, up 16% from $6.29 billion. Analysts were expecting profit of $6.5 billion.
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