Exxon Mobil Reports Upbeat Q1 Earnings

Exxon Mobil Corp XOM reported upbeat results for the first quarter. The company's profit surged to $10.65 billion, or $2.14 per share, from $6.3 billion, or $1.33 per share, in the year-earlier period. The company's revenue increased to $114 billion, from $90.3 billion. However, analysts were expecting earnings of $2.04 per share on revenue of $112.6 billion. XOM shares fell 0.35% to $87.47 in pre-market trading. Read more from Benzinga's Company news.