Exxon Destroys Earnings (XOM)

Exxon Mobil Corporation

just reported earnings and shares are higher in pre-market trading after the oil giant blew out earnings. Exxon reported fourth quarter earnings of $1.85 per share on revenues of $105 billion. Wall Street was expecting earnings of $1.63 per share on revenues of $99.1 billion. At last check, shares of Exxon Mobil were up 83 cents to $79.82, a gain of just over 1% in pre-market trading.