ExxonMobil XOM announces its next round of earnings this Thursday, July 28, 2011. Get prepared with Benzinga's ultimate preview for ExxonMobil's second quarter earnings.
Earnings and Revenue:
Analysts are looking ahead to a positive EPS of $2.35 per share and revenues of $121.39 billion. Investors will be keen to see how this quarter's numbers stack up against the year-ago quarter's positive EPS of $1.60 per share on revenues of $92.49 billion. We'll have to wait for Thursday to see if ExxonMobil falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | $2.05 | $1.58 | $1.39 | $1.46 |
EPS Actual | $2.14 | $1.85 | $1.44 | $1.60 |
Stock Performance:
At last check, shares of ExxonMobil were trading at $85.22. Since January 1st, shares of ExxonMobil have given investors a return of 17.8%. For a full 12 months, the return has risen by 33.7%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for ExxonMobil is a Hold. The strength of this rating has declined slightly over the past three months.Competitors:
Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of ExxonMobil's peers.- ConocoPhillips COP: Hold with a $1.82 recent quarter EPS
- Chevron CVX: Moderate Buy with a $3.09 recent quarter EPS
- Hess HES: Moderate Buy with a $1.82 recent quarter EPS
- Marathon Oil MRO: Hold with a $1.65 recent quarter EPS
The integrated oil-international company's industry has seen price/earnings growth of 1.7% during the current fiscal year.
Finally, a description of the company's main areas of operation: ExxonMobil produces and sells crude oil, natural gas and petroleum products.
Take Action:
Now that you have reviewed all the numbers, be ready to move if the upcoming ExxonMobil earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.
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