Exxon: Q4 Earnings Snapshot

SPRING, Texas (AP) — SPRING, Texas (AP) — Exxon Mobil Corp. (XOM) on Friday reported fourth-quarter earnings of $7.63 billion.

The Spring, Texas-based company said it had profit of $1.91 per share. Earnings, adjusted for one-time gains and costs, came to $2.48 per share.

The results exceeded Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.21 per share.

The oil and natural gas company posted revenue of $84.34 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $91.81 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XOM at https://www.zacks.com/ap/XOM