Exxon: Q2 Earnings Snapshot

Associated Press Finance
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SPRING, Texas (AP) — SPRING, Texas (AP) — Exxon Mobil Corp. (XOM) on Friday reported second-quarter earnings of $9.24 billion.

The Spring, Texas-based company said it had profit of $2.14 per share.

The results topped Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.04 per share.

The oil and natural gas company posted revenue of $93.06 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $90.38 billion.

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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 https://www.zacks.com/ap/XOM