Equities analysts forecast that Exxon Mobil Co. (NYSE:XOM) will announce sales of $74.53 billion for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Exxon Mobil’s earnings, with estimates ranging from $66.15 billion to $86.62 billion. Exxon Mobil posted sales of $63.29 billion in the same quarter last year, which would indicate a positive year over year growth rate of 17.8%. The company is expected to report its next earnings results on Friday, April 27th.
On average, analysts expect that Exxon Mobil will report full year sales of $74.53 billion for the current financial year, with estimates ranging from $275.94 billion to $329.15 billion. For the next year, analysts expect that the firm will post sales of $300.56 billion per share, with estimates ranging from $289.25 billion to $311.32 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Exxon Mobil.
Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by ($0.18). The company had revenue of $66.52 billion for the quarter, compared to analyst estimates of $74.41 billion. Exxon Mobil had a return on equity of 8.00% and a net margin of 7.61%. Exxon Mobil’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.41 EPS.
In related news, VP Neil A. Chapman sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $83.05, for a total value of $996,600.00. Following the completion of the sale, the vice president now owns 291,385 shares of the company’s stock, valued at approximately $24,199,524.25. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.08% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Green Square Capital LLC lifted its holdings in shares of Exxon Mobil by 34.3% during the fourth quarter. Green Square Capital LLC now owns 102,539 shares of the oil and gas company’s stock worth $8,576,000 after buying an additional 26,160 shares during the last quarter. Certified Advisory Corp acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $691,000. Ackerman Capital Advisors LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $2,217,000. Wagner Wealth Management LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $806,000. Finally, D.B. Root & Company LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $1,886,000. Hedge funds and other institutional investors own 53.18% of the company’s stock.
Shares of Exxon Mobil (NYSE XOM) opened at $75.24 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.52 and a current ratio of 0.82. The stock has a market capitalization of $318,830.00, a PE ratio of 23.29, a price-to-earnings-growth ratio of 1.02 and a beta of 0.91. Exxon Mobil has a twelve month low of $73.56 and a twelve month high of $89.30.
The company also recently declared a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Monday, February 12th were paid a $0.77 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $3.08 annualized dividend and a dividend yield of 4.09%. Exxon Mobil’s payout ratio is 95.36%.
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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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