Analysts had expected Exxon to report a 40% jump in earnings to $2.38 per share, or net income of $12.2 billion, and a 28% surge in revenue to $131.13 billion, according to a consensus of estimates compiled by Thomson FirstCall.My Response: When it comes to power and influence, Exxon definitely has it! Not only are they the biggest oil company in the U.S., they have increased their influence on investors. With their annual profit increasing more than expected, they have only made more people want to invest in their company. Good job to Exxon.
Thursday, October 30, 2008
Exxon Is Moving On Up!
http://money.cnn.com/2008/10/30/news/companies/exxon_earnings/index.htm?postversion=2008103009
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