ExxonMobil reported first-quarter net income attributable to the company of $4.18 billion, down from $7.71 billion in the prior period, while EPS fell to $1.00 from $1.76. Earnings excluding identified items were $4.89 billion, indicating the quarter was still profitable but materially weaker year over year. The results point to softer underlying fundamentals and could weigh modestly on the shares.
ExxonMobil reported first-quarter net income attributable to the company of $4.18 billion, down from $7.71 billion in the prior period, while EPS fell to $1.00 from $1.76. Earnings excluding identified items were $4.89 billion, indicating the quarter was still profitable but materially weaker year over year. The results point to softer underlying fundamentals and could weigh modestly on the shares.
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mildly negative
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-0.25
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