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XOM
Benzinga
18 days

Exxon Mobil Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. XOM's Q2 earnings expected at $1.56, down from $2.14 last year. 2. Projected revenue of $80.5 billion, lower than $93.06 billion a year prior. 3. Chevron won a dispute over Hess Corp's offshore assets, affecting XOM. 4. Multiple analysts maintain Overweight ratings, with slight adjustments in price targets. 5. XOM shares fell 0.2% to close at $111.64 before earnings release.

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FAQ

Why Neutral?

Earnings decline is anticipated, but stability in analyst ratings offers support.

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Earnings report and analyst ratings significantly influence short-term investor sentiment.

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Immediate earnings results will influence short-term price volatility.

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