Form 8-K EXXON MOBIL CORP For: Feb 02
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ExxonMobil (XOM) Tops Q4 EPS by 2c, Revenues Miss
February 2, 2021 7:29 AM ESTExxonMobil (NYSE: XOM) reported Q4 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $46.54 billion versus the consensus estimate of $48.76 billion.
Fourth quarter loss of $20.1 billion included unfavorable identified items of $20.2 billion, primarily non-cash impairments; earnings excluding identified items were $110 million, or $0.03 per share assuming dilutionExceeded cost-reduction objectives, with 2020 capital spending of $21 billion below target by $2 billion; cash operating expense more than 15% below 2019, of which $3 billion is a structural... More