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Exxon Earnings Estimate

XOM Stock  USD 112.30  1.03  0.93%   
The next projected EPS of Exxon is estimated to be 2.08 with future projections ranging from a low of 1.89 to a high of 2.73. Exxon's most recent 12-month trailing earnings per share (EPS TTM) is at 8.89. Please be aware that the consensus of earnings estimates for Exxon Mobil Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Exxon is projected to generate 2.08 in earnings per share on the 31st of March 2024. Exxon earnings estimates module stress-tests analyst consensus about projected Exxon Mobil Corp EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Exxon, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Exxon's earnings estimates, investors can diagnose different trends across Exxon's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Exxon's Gross Profit is very stable compared to the past year. As of the 19th of March 2024, Gross Profit Margin is likely to grow to 0.42, while Pretax Profit Margin is likely to drop 0.09.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exxon Mobil Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Exxon Earnings Estimation Breakdown

The calculation of Exxon's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Exxon is estimated to be 2.08 with the future projection ranging from a low of 1.89 to a high of 2.73. Please be aware that this consensus of annual earnings estimates for Exxon Mobil Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
2.48
1.89
Lowest
Expected EPS
2.08
2.73
Highest

Exxon Earnings Projection Consensus

Suppose the current estimates of Exxon's value are higher than the current market price of the Exxon stock. In this case, investors may conclude that Exxon is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Exxon's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2024Current EPS (TTM)
2592.13%
2.48
2.08
8.89

Exxon Earnings History

Earnings estimate consensus by Exxon Mobil Corp analysts from Wall Street is used by the market to judge Exxon's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Exxon's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Exxon Quarterly Gross Profit

17.56 Billion

At this time, Exxon's Retained Earnings are very stable compared to the past year. As of the 19th of March 2024, Price Earnings Ratio is likely to grow to 16.50, while Retained Earnings Total Equity is likely to drop about 408.1 B. As of the 19th of March 2024, Common Stock Shares Outstanding is likely to grow to about 4.2 B. Also, Net Income Applicable To Common Shares is likely to grow to about 52.7 B.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Exxon's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Exxon in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
111.04112.18113.32
Details
Intrinsic
Valuation
LowRealHigh
101.07118.96120.10
Details
26 Analysts
Consensus
LowTargetHigh
110.20121.10134.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Exxon. Your research has to be compared to or analyzed against Exxon's peers to derive any actionable benefits. When done correctly, Exxon's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Exxon Mobil Corp. Note that many institutional investors and large investment bankers can move markets due to the volume of Exxon assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Exxon. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Exxon's stock price in the short term.

Exxon Earnings per Share Projection vs Actual

Actual Earning per Share of Exxon refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Exxon Mobil Corp predict the company's earnings will be in the future. The higher the earnings per share of Exxon, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Exxon Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Exxon, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Exxon should always be considered in relation to other companies to make a more educated investment decision.

Exxon Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Exxon's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-02
2023-12-312.212.480.2712 
2023-10-27
2023-09-302.372.27-0.1
2023-07-28
2023-06-302.011.94-0.07
2023-04-28
2023-03-312.592.830.24
2023-01-31
2022-12-313.293.40.11
2022-10-28
2022-09-303.794.450.6617 
2022-07-29
2022-06-303.744.140.410 
2022-04-29
2022-03-312.122.07-0.05
2022-02-01
2021-12-311.942.050.11
2021-10-29
2021-09-301.561.580.02
2021-07-30
2021-06-300.991.10.1111 
2021-04-30
2021-03-310.590.650.0610 
2021-02-02
2020-12-310.010.030.02200 
2020-10-30
2020-09-30-0.25-0.180.0728 
2020-07-31
2020-06-30-0.61-0.7-0.0914 
2020-05-01
2020-03-310.010.530.525200 
2020-01-31
2019-12-310.430.41-0.02
2019-11-01
2019-09-300.670.750.0811 
2019-08-02
2019-06-300.660.730.0710 
2019-04-26
2019-03-310.70.55-0.1521 
2019-02-01
2018-12-311.081.410.3330 
2018-11-02
2018-09-301.231.460.2318 
2018-07-27
2018-06-301.270.92-0.3527 
2018-04-27
2018-03-311.121.09-0.03
2018-02-02
2017-12-311.040.88-0.1615 
2017-10-27
2017-09-300.860.970.1112 
2017-07-28
2017-06-300.840.78-0.06
2017-04-28
2017-03-310.850.950.111 
2017-01-31
2016-12-310.70.90.228 
2016-10-28
2016-09-300.580.630.05
2016-07-29
2016-06-300.640.41-0.2335 
2016-04-29
2016-03-310.310.430.1238 
2016-02-02
2015-12-310.630.670.04
2015-10-30
2015-09-300.891.010.1213 
2015-07-31
2015-06-301.111.0-0.11
2015-04-30
2015-03-310.831.170.3440 
2015-02-02
2014-12-311.341.32-0.02
2014-10-31
2014-09-301.711.890.1810 
2014-07-31
2014-06-301.862.050.1910 
2014-05-01
2014-03-311.882.10.2211 
2014-01-30
2013-12-311.921.91-0.01
2013-10-31
2013-09-301.771.790.02
2013-08-01
2013-06-301.91.55-0.3518 
2013-04-25
2013-03-312.052.120.07
2013-02-01
2012-12-3122.20.210 
2012-11-01
2012-09-301.952.090.14
2012-07-26
2012-06-301.951.8-0.15
2012-04-26
2012-03-312.092.0-0.09
2012-01-31
2011-12-311.961.970.01
2011-10-27
2011-09-302.122.130.01
2011-07-28
2011-06-302.322.18-0.14
2011-04-28
2011-03-312.082.140.06
2011-01-31
2010-12-311.631.850.2213 
2010-10-28
2010-09-301.391.440.05
2010-07-29
2010-06-301.461.60.14
2010-04-29
2010-03-311.411.33-0.08
2010-02-01
2009-12-311.191.270.08
2009-10-29
2009-09-301.030.98-0.05
2009-07-30
2009-06-301.020.84-0.1817 
2009-04-30
2009-03-310.950.92-0.03
2009-01-30
2008-12-311.451.550.1
2008-10-30
2008-09-302.382.590.21
2008-07-31
2008-06-302.522.27-0.25
2008-05-01
2008-03-312.142.03-0.11
2008-02-01
2007-12-311.952.130.18
2007-11-01
2007-09-301.751.7-0.05
2007-07-26
2007-06-301.961.83-0.13
2007-04-26
2007-03-311.521.620.1
2007-02-01
2006-12-311.511.690.1811 
2006-10-26
2006-09-301.591.770.1811 
2006-07-27
2006-06-301.641.720.08
2006-04-27
2006-03-311.471.37-0.1
2006-01-30
2005-12-311.441.650.2114 
2005-10-27
2005-09-301.381.32-0.06
2005-07-28
2005-06-301.241.23-0.01
2005-04-28
2005-03-311.21.15-0.05
2005-01-31
2004-12-311.071.30.2321 
2004-10-28
2004-09-300.870.960.0910 
2004-07-29
2004-06-300.880.880.0
2004-04-29
2004-03-310.750.830.0810 
2004-01-29
2003-12-310.580.680.117 
2003-10-30
2003-09-300.620.55-0.0711 
2003-07-31
2003-06-300.560.620.0610 
2003-05-01
2003-03-310.70.710.01
2003-01-30
2002-12-310.50.560.0612 
2002-10-31
2002-09-300.430.440.01
2002-08-01
2002-06-300.460.39-0.0715 
2002-04-23
2002-03-310.40.31-0.0922 
2002-01-23
2001-12-310.390.420.03
2001-10-23
2001-09-300.510.48-0.03
2001-07-24
2001-06-300.650.64-0.01
2001-04-23
2001-03-310.670.37-0.344 
2001-01-24
2000-12-310.620.730.1117 
2000-10-24
2000-09-300.450.610.1635 
2000-07-25
2000-06-300.530.590.0611 
2000-04-25
2000-03-310.440.480.04
2000-01-25
1999-12-310.380.390.01
1999-10-25
1999-09-300.30.310.01
1999-07-21
1999-06-300.270.25-0.02
1999-04-21
1999-03-310.230.240.01
1999-01-21
1998-12-310.30.310.01
1998-10-21
1998-09-300.290.290.0
1998-07-21
1998-06-300.320.330.01
1998-04-21
1998-03-310.340.380.0411 
1998-01-21
1997-12-310.370.50.1335 
1997-10-21
1997-09-300.350.370.02
1997-07-21
1997-06-300.350.40.0514 
1997-04-21
1997-03-310.410.440.03
1997-01-21
1996-12-310.380.420.0410 
1996-10-21
1996-09-300.30.310.01
1996-07-22
1996-06-300.330.32-0.01
1996-04-22
1996-03-310.330.350.02

About Exxon Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Exxon earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Exxon estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Exxon fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings453.9 B476.6 B
Retained Earnings Total Equity497.8 B408.1 B
Price Earnings Ratio 11.25  16.50 
Price Earnings To Growth Ratio(0.34)(0.32)

Exxon Investors Sentiment

The influence of Exxon's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Exxon. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Exxon's public news can be used to forecast risks associated with an investment in Exxon. The trend in average sentiment can be used to explain how an investor holding Exxon can time the market purely based on public headlines and social activities around Exxon Mobil Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Exxon's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Exxon's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Exxon's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Exxon.

Exxon Implied Volatility

    
  26.52  
Exxon's implied volatility exposes the market's sentiment of Exxon Mobil Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Exxon's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Exxon stock will not fluctuate a lot when Exxon's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Exxon in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Exxon's short interest history, or implied volatility extrapolated from Exxon options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Exxon Mobil Corp is a strong investment it is important to analyze Exxon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Exxon's future performance. For an informed investment choice regarding Exxon Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exxon Mobil Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Exxon Stock analysis

When running Exxon's price analysis, check to measure Exxon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exxon is operating at the current time. Most of Exxon's value examination focuses on studying past and present price action to predict the probability of Exxon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exxon's price. Additionally, you may evaluate how the addition of Exxon to your portfolios can decrease your overall portfolio volatility.
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Is Exxon's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Exxon. If investors know Exxon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Exxon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
3.68
Earnings Share
8.89
Revenue Per Share
83.488
Quarterly Revenue Growth
(0.12)
The market value of Exxon Mobil Corp is measured differently than its book value, which is the value of Exxon that is recorded on the company's balance sheet. Investors also form their own opinion of Exxon's value that differs from its market value or its book value, called intrinsic value, which is Exxon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Exxon's market value can be influenced by many factors that don't directly affect Exxon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Exxon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exxon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exxon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.