Investing.com - The world’s largest oil and gas company Exxon Mobil reported better-than-expected first-quarter earnings ahead of Thursday’s opening bell.
Earlier in the day, in its first quarter earnings report, Exxon said earnings per share came in at USD2.12, above expectations for USD2.04 per share.
The company’s first-quarter revenue totaled USD108.81 billion, missing forecasts for sales of USD109.5 billion.
Exxon said it bought back 63 million shares in the first quarter.
Following the release of the report, shares in XOM rose 0.5% in pre-market trade.
Meanwhile, the outlook for U.S. equity markets remained higher. The Dow Jones Industrial Average futures indicated a gain of 0.3% at the open, S&P 500 futures pointed to a rise of 0.4% and Nasdaq 100 futures indicated an increase of 0.5%.
Earlier in the day, in its first quarter earnings report, Exxon said earnings per share came in at USD2.12, above expectations for USD2.04 per share.
The company’s first-quarter revenue totaled USD108.81 billion, missing forecasts for sales of USD109.5 billion.
Exxon said it bought back 63 million shares in the first quarter.
Following the release of the report, shares in XOM rose 0.5% in pre-market trade.
Meanwhile, the outlook for U.S. equity markets remained higher. The Dow Jones Industrial Average futures indicated a gain of 0.3% at the open, S&P 500 futures pointed to a rise of 0.4% and Nasdaq 100 futures indicated an increase of 0.5%.