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ExxonMobil: Solid EPS, But Revenue Miss

TheMotleyFool

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Global energy giant ExxonMobil (NYSE:XOM) reported mixed fourth-quarter 2024 results on Friday, Jan. 31. Stronger-than-anticipated earnings resulted in adjusted EPS of $1.67, surpassing market estimates of $1.55. However, total revenue for the quarter was $83.4 billion, falling short of the anticipated $86.33 billion. Free cash flow of $8 billion came in well ahead of analyst estimates of $6.6 billion, but it was down nearly 30% year over year.

Despite the revenue miss, ExxonMobil successfully managed operational efficiencies, marking a resilient quarter.

Source: ExxonMobil. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.

Source Fool.com