Market Overview

Earnings Preview: ExxonMobil EPS, Revenue Expected to Rise from Previous Quarter

ExxonMobil (NYSE: XOM) announces its next round of earnings this Thursday, July 28, 2011. Get prepared with Benzinga's ultimate preview for ExxonMobil's second quarter earnings.

Earnings and Revenue:

Analysts are looking ahead to a positive EPS of $2.35 per share and revenues of $121.39 billion. Investors will be keen to see how this quarter's numbers stack up against the year-ago quarter's positive EPS of $1.60 per share on revenues of $92.49 billion. We'll have to wait for Thursday to see if ExxonMobil falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 Q4 Q3 Q2
EPS Estimate $2.05 $1.58 $1.39 $1.46
EPS Actual $2.14 $1.85 $1.44 $1.60

Stock Performance:

At last check, shares of ExxonMobil were trading at $85.22. Since January 1st, shares of ExxonMobil have given investors a return of 17.8%. For a full 12 months, the return has risen by 33.7%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

  • Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for ExxonMobil is a Hold. The strength of this rating has declined slightly over the past three months.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of ExxonMobil's peers.

  • ConocoPhillips (NYSE: COP): Hold with a $1.82 recent quarter EPS
  • Chevron (NYSE: CVX): Moderate Buy with a $3.09 recent quarter EPS
  • Hess (NYSE: HES): Moderate Buy with a $1.82 recent quarter EPS
  • Marathon Oil (NYSE: MRO): Hold with a $1.65 recent quarter EPS

The integrated oil-international company's industry has seen price/earnings growth of 1.7% during the current fiscal year.

Finally, a description of the company's main areas of operation: ExxonMobil produces and sells crude oil, natural gas and petroleum products.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming ExxonMobil earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

  • To see up-to-date news on ExxonMobil, click here
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  • To see other company earnings recaps, click here

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