IRVING (dpa-AFX) - Exxon Mobil Corp. (XOM) announced a profit for fourth quarter that dropped from last year.
The company said its profit came in at $2.78 billion, or $0.67 per share. This was lower than $6.57 billion, or $1.56 per share, in last year's fourth quarter.
The company said revenue for the quarter fell 31.5% to $59.80 billion. This was down from $87.28 billion last year.
Exxon Mobil Corp. earnings at a glance:
-Earnings (Q4): $2.78 Bln. vs. $6.57 Bln. last year. -Earnings Decline (Y-o-Y): -57.7% -EPS (Q4): $0.67 vs. $1.56 last year. -EPS Decline (Y-o-Y): -57.1% -Revenue (Q4): $59.80 Bln vs. $87.28 Bln last year. -Revenue Change (Y-o-Y): -31.5%
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