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Exxon Mobil station

News

What Exxon's Earnings Mean For Mutual Fund Investors (XOM)

Shauna O'Brien Feb 02, 2015



Inside XOM’s Earnings


Exxon reported earnings of $6.57 billion, or $1.56 per share, down from $8.35 billion, or $1.91 per share, last year. On average, analysts expected to see EPS of $1.34.

Revenue
Revenue fell to $87.28 billion from last year’s $110.86 billion. Analysts expected to see revenue of $87.58 billion.


Energy Stocks Remain Risky


While Exxon has a decent dividend yield around 3%, there is still a high amount of risk for the stock as estimates could continue to be trimmed. Investors may consider avoiding the energy battle and look elsewhere rather than investing in the embattled energy space.


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