Exxon Mobil Signals Lower Q4 Earnings. Here’s What Analysts Are Saying.
Exxon Mobil profits will likely miss fourth-quarter-earnings estimates by close to 20%, one analyst argued as he trimmed his numbers. While Exxon Mobil expects changes in gas prices to improve earnings by up to $400 million,
Exxon expects reduced Q4 earnings from lower oil prices, refining squeeze
Exxon Mobil (NYSE:XOM) -1.4% in Wednesday's trading after saying its Q4 earnings were hurt by lower crude prices and narrower refining margins, in a sign that the quarter may have been a tough one for the big oil companies.
Exxon Mobil signals oil refining results to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply weaker oil refining results, asset impairments and lower oil prices would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter.
Exxon Drops After Warning of Oil, Refining Hit to 4Q Profit
Exxon Mobil Corp.’s shares fell after the company warned its fourth-quarter earnings will take a hit from lower crude prices and narrowing refining margins during the final three months of 2024.
ExxonMobil Warns of Weak Q4 Profits Amid Global Oil Challenges
Exxon Mobil Corporation XOM has projected a sharp decline in its fourth-quarter earnings due to weak performance across all its business segments, including significant headwinds in refining and chemicals.
ClearBridge Investments Q4 2024 Commentary
Earnings growth has largely been concentrated amongst a small group of stocks in recent years. Read more here.
news.crunchbase27m
Eye On AI: AI Venture Funding Shattered Quarterly Records In Q4
The fourth quarter of 2024 was unlike any other in the industry as far as fundraising goes. It also wasn't just Databricks ...
UK baker Greggs like-for-like Q4 sales rise 2.5%
British baker and food-to-go retailer Greggs Plc reported a modest 2.5% growth in fourth-quarter like-for-like sales on ...
Samsung Forecasts Q4 Earnings To Fall Well Short Of Expectations
South Korea's Samsung Electronics said on Wednesday it expected fourth-quarter profits to be sharply down compared with the ...
cbtnews1d
Monthly new car payments hit all-time high in Q4 2024
Nearly 1 in 5 new car buyers face $1,000+ monthly payments in Q4 2024 as rising loan amounts and high interest rates strain ...
Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay
Samsung Electronics , the world's top memory chip maker, is expected to forecast on Wednesday its profit growth continued to ...
Motor Trader2h
Prices of second-hand AFVs rose in Q4 2024
Prices of the UK’s most popular used electric and hybrid vehicles rose in Q4 2024 which signals softening of market ...
Goldman Sachs Raises Spotify's Forecast Ahead of Q4
Goldman Sachs analyst maintained Buy on Spotify stock, raising price target to $550 from $490 and previewing industry data ...
Cedar Grove Capital Management’s Q4 2024 Investor Letter
Cedar Grove Capital Management, an investment management company, released its fourth quarter 2024 investor letter.
U.S. Q4 GDP Growth Still On Track To Slow After Strong Q3 Rise
US economic activity looks set to post softer growth in the government’s upcoming fourth quarter GDP report. Read more here.