Wall Street brokerages forecast that Exxon Mobil Co. (NYSE:XOM) will post earnings of $0.88 per share for the current quarter, Zacks reports. Three analysts have made estimates for Exxon Mobil’s earnings. The lowest EPS estimate is $0.65 and the highest is $1.12. Exxon Mobil reported earnings of $1.09 per share in the same quarter last year, which indicates a negative year over year growth rate of 19.3%. The firm is scheduled to announce its next quarterly earnings results on Friday, April 26th.

According to Zacks, analysts expect that Exxon Mobil will report full-year earnings of $4.07 per share for the current financial year, with EPS estimates ranging from $3.30 to $4.90. For the next year, analysts forecast that the firm will report earnings of $5.11 per share, with EPS estimates ranging from $4.15 to $6.17. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that follow Exxon Mobil.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, February 1st. The oil and gas company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.43. The company had revenue of $71.90 billion for the quarter, compared to the consensus estimate of $78.87 billion. Exxon Mobil had a return on equity of 10.84% and a net margin of 7.18%. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $0.88 EPS.

XOM has been the topic of a number of research reports. Royal Bank of Canada reaffirmed a “buy” rating and issued a $95.00 price objective on shares of Exxon Mobil in a research note on Tuesday, February 19th. Zacks Investment Research downgraded Exxon Mobil from a “hold” rating to a “strong sell” rating in a research note on Sunday, January 6th. Wolfe Research raised Exxon Mobil from a “market perform” rating to an “outperform” rating in a research note on Monday, November 26th. Berenberg Bank reaffirmed a “neutral” rating and issued a $76.00 price objective on shares of Exxon Mobil in a research note on Wednesday, January 9th. Finally, Credit Suisse Group set a $79.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a research note on Tuesday, December 25th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $84.52.

XOM traded down $0.10 on Friday, hitting $80.34. 406,062 shares of the company’s stock traded hands, compared to its average volume of 13,109,557. The company has a market capitalization of $340.86 billion, a PE ratio of 16.32, a price-to-earnings-growth ratio of 1.19 and a beta of 0.91. Exxon Mobil has a one year low of $64.65 and a one year high of $87.36. The company has a current ratio of 0.84, a quick ratio of 0.51 and a debt-to-equity ratio of 0.10.

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Monday, February 11th were issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date was Friday, February 8th. Exxon Mobil’s dividend payout ratio (DPR) is 66.53%.

In other news, VP Bradley W. Corson sold 15,000 shares of Exxon Mobil stock in a transaction that occurred on Wednesday, December 19th. The stock was sold at an average price of $72.84, for a total value of $1,092,600.00. Following the completion of the transaction, the vice president now owns 223,461 shares in the company, valued at approximately $16,276,899.24. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.08% of the stock is currently owned by insiders.

Institutional investors have recently made changes to their positions in the company. Capital Financial Planning LLC purchased a new stake in shares of Exxon Mobil in the 4th quarter worth $34,000. Transamerica Financial Advisors Inc. raised its position in shares of Exxon Mobil by 543.2% in the 4th quarter. Transamerica Financial Advisors Inc. now owns 521 shares of the oil and gas company’s stock worth $36,000 after acquiring an additional 440 shares in the last quarter. Massey Quick Simon & CO. LLC raised its position in shares of Exxon Mobil by 625.3% in the 4th quarter. Massey Quick Simon & CO. LLC now owns 544 shares of the oil and gas company’s stock worth $37,000 after acquiring an additional 469 shares in the last quarter. INR Advisory Services LLC bought a new position in shares of Exxon Mobil in the 4th quarter worth $43,000. Finally, Litman Gregory Asset Management LLC raised its position in shares of Exxon Mobil by 701.0% in the 4th quarter. Litman Gregory Asset Management LLC now owns 801 shares of the oil and gas company’s stock worth $55,000 after acquiring an additional 701 shares in the last quarter. Hedge funds and other institutional investors own 53.62% of the company’s stock.

Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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Earnings History and Estimates for Exxon Mobil (NYSE:XOM)

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