$1.04 EPS Expected for Exxon Mobil Co. (XOM) This Quarter

Equities analysts predict that Exxon Mobil Co. (NYSE:XOM) will announce earnings per share (EPS) of $1.04 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Exxon Mobil’s earnings, with estimates ranging from $0.90 to $1.17. Exxon Mobil reported earnings of $0.90 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 15.6%. The firm is scheduled to issue its next quarterly earnings report before the market opens on Friday, February 2nd.

On average, analysts expect that Exxon Mobil will report full year earnings of $3.68 per share for the current financial year, with EPS estimates ranging from $3.56 to $3.83. For the next fiscal year, analysts anticipate that the firm will report earnings of $4.47 per share, with EPS estimates ranging from $3.60 to $5.32. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Exxon Mobil.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.04. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. The company had revenue of $66.17 billion for the quarter, compared to analysts’ expectations of $63.51 billion. During the same period last year, the firm earned $0.63 earnings per share.

A number of analysts have weighed in on the company. HSBC set a $80.00 price target on Exxon Mobil and gave the company a “sell” rating in a research note on Thursday. Jefferies Group set a $90.00 price target on Exxon Mobil and gave the company a “neutral” rating in a research note on Friday. BMO Capital Markets set a $80.00 price target on Exxon Mobil and gave the company a “hold” rating in a research note on Wednesday, October 18th. Goldman Sachs Group set a $85.00 price target on Exxon Mobil and gave the company a “neutral” rating in a research note on Tuesday, October 3rd. Finally, JPMorgan Chase & Co. set a $81.00 price target on Exxon Mobil and gave the company a “neutral” rating in a research note on Tuesday, December 12th. Seven equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $86.71.

In other news, VP Robert N. Schleckser sold 4,877 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $83.37, for a total transaction of $406,595.49. Following the sale, the vice president now owns 187,663 shares of the company’s stock, valued at approximately $15,645,464.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Robert N. Schleckser sold 5,601 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $83.93, for a total value of $470,091.93. Following the sale, the vice president now directly owns 187,663 shares in the company, valued at approximately $15,750,555.59. The disclosure for this sale can be found here. Insiders sold a total of 51,357 shares of company stock worth $4,273,910 in the last ninety days. 0.08% of the stock is owned by corporate insiders.

Several large investors have recently made changes to their positions in XOM. Naples Global Advisors LLC lifted its stake in Exxon Mobil by 18.1% in the 4th quarter. Naples Global Advisors LLC now owns 10,892 shares of the oil and gas company’s stock valued at $911,000 after buying an additional 1,672 shares in the last quarter. Bartlett & Co. LLC lifted its stake in Exxon Mobil by 7.0% in the 4th quarter. Bartlett & Co. LLC now owns 619,152 shares of the oil and gas company’s stock valued at $51,786,000 after buying an additional 40,637 shares in the last quarter. Catawba Capital Management VA lifted its stake in Exxon Mobil by 4.3% in the 4th quarter. Catawba Capital Management VA now owns 26,660 shares of the oil and gas company’s stock valued at $2,230,000 after buying an additional 1,105 shares in the last quarter. Diversified Trust Co lifted its stake in Exxon Mobil by 5.9% in the 4th quarter. Diversified Trust Co now owns 34,398 shares of the oil and gas company’s stock valued at $2,877,000 after buying an additional 1,916 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in Exxon Mobil by 115.9% in the 4th quarter. State of Alaska Department of Revenue now owns 656,267 shares of the oil and gas company’s stock valued at $54,888,000 after buying an additional 352,363 shares in the last quarter. 51.06% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil (NYSE XOM) traded down $0.28 during trading on Friday, reaching $87.15. The company’s stock had a trading volume of 13,042,707 shares, compared to its average volume of 11,162,516. Exxon Mobil has a one year low of $76.05 and a one year high of $88.21. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85. The firm has a market capitalization of $369,260.00, a PE ratio of 28.39, a PEG ratio of 1.35 and a beta of 0.82.

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Exxon Mobil Company Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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

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