Energy giant ExxonMobil Corporation (NYSE: XOM) reported a profit for the second quarter of 2021, compared to a loss last year, even as operating conditions continued to improve. The results also topped estimates.
Second-quarter adjusted earnings came in at $1.10 per share, compared to a loss of $0.7 per share in the same period of last year. The reported profit was $4.7 billion or $1.10 per share, compared to a loss of $1.10 billion or $0.26 per share in the second quarter of 2020.
The positive bottom-line performance reflects strong revenue performance, which more than doubled year-over-year to $67.7 billion and exceeded experts’ predictions.
Read management/analysts’ comments on XOM’s Q2 report
XOM shares were up 1% on Friday morning immediately following the announcement. The stock had closed the previous session higher.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
