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Reply #18: Exxon profit rises 41 percent, shares rise [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:42 AM
Response to Reply #2
18. Exxon profit rises 41 percent, shares rise
http://www.guardian.co.uk/business/feedarticle/9916525

* Q3 EPS $2.13 v Street $2.12
* Shares up 1.6 percent premarket (Adds estimate, share price)
Oct 27 (Reuters) - Exxon Mobil Corp's profit rose 41 percent in the third quarter, slightly ahead of Wall Street estimates, as gains in crude oil prices and higher refining margins boosted results.
Exxon, the world's largest publicly traded oil company, reported a profit of $10.33 billion, or $2.13 per share, up from $7.35 billion, or $1.44 per share a year earlier.
Analysts on average had expected a profit of $2.12 per share, according to data from Thomson Reuters I/B/E/S.
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