trending Market Intelligence /marketintelligence/en/news-insights/trending/_LqXJKObD5nrgDXFXc28zg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Exxon Mobil Q3 profit falls YOY

Southeast Asian broadband providers report varying performance amid COVID-19

Cable networks react to pandemic by cutting SG&A, programming costs

Infographic: 2020 Global Mining Exploration Trends

CUSIP Requests for Municipal Securities Continue to Rise


Exxon Mobil Q3 profit falls YOY

Exxon Mobil Corp. said its normalized net income for the third quarter came to 82 cents per share, compared with the S&P Capital IQ consensus estimate of 90 cents per share.

EPS decreased 56.7% year over year from $1.90.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $3.45 billion, a decrease of 57.4% from $8.11 billion in the year-earlier period.

The normalized profit margin fell to 5.8% from 8.5% in the year-earlier period.

Total revenue decreased 37.4% year over year to $59.87 billion from $95.69 billion, and total operating expenses fell 35.3% year over year to $55.70 billion from $86.11 billion.

Reported net income fell 47.5% year over year to $4.24 billion, or $1.01 per share, from $8.07 billion, or $1.89 per share.