Exxon Mobil Stock Up Over 1% Ahead of Q4 Earnings Report, Though Profit Expected to Decline
• Exxon Mobil (XOM) stock outperformed the market today, closing up 1.13% compared to the S&P 500's 0.29% gain
• XOM is scheduled to report earnings on February 2nd, with analysts forecasting a 34.71% drop in EPS year-over-year
• Revenue for the upcoming quarter is expected to decline 3.79% compared to the same period last year
• XOM possesses a Zacks Rank of #3 (Hold) based on recent changes in analyst estimates
• The Oil and Gas industry currently ranks in the top 45% of Zacks Industries, suggesting relatively strong performance potential