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Exxon expects reduced Q4 earnings from lower oil prices, refining squeeze
Exxon Mobil (NYSE:XOM) -1.4% in Wednesday's trading after saying its Q4 earnings were hurt by lower crude prices and narrower refining margins, in a sign that the quarter may have been a tough one for the big oil companies.
Exxon Mobil Signals Lower Q4 Earnings. Here’s What Analysts Are Saying.
Exxon Mobil profits will likely miss fourth-quarter-earnings estimates by close to 20%, one analyst argued as he trimmed his numbers. While Exxon Mobil expects changes in gas prices to improve earnings by up to $400 million,
Exxon Mobil’s Q4 2024 Earnings Impact Preview
Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your
Abbott Laboratories Q4 2024 Earnings Preview
Abbott Laboratories will report earnings pre-market on January 22, with an earnings consensus of $1.04 per share. See why I maintain my buy rating on ABT stock.
Exxon signals weaker performance across the board to hurt Q4 profits
Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter. The oil major also said in an SEC filing that upstream asset sales would benefit results by about $400 million,
ExxonMobil Warns of Weak Q4 Profits Amid Global Oil Challenges
Exxon Mobil Corporation XOM has projected a sharp decline in its fourth-quarter earnings due to weak performance across all its business segments, including significant headwinds in refining and chemicals.
14h
Samsung Forecasts Q4 Earnings To Fall Well Short Of Expectations
South Korea's Samsung Electronics said on Wednesday it expected fourth-quarter profits to be sharply down compared with the ...
1d
Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay
Samsung Electronics , the world's top memory chip maker, is expected to forecast on Wednesday its profit growth continued to ...
Datacenter Dynamics
5h
Samsung Q4 2024 results fall short of expectations, despite record-breaking memory sales
In late 2024, it was reported that as a result of these record-breaking sales workers in Samsung’s memory business unit would ...
1d
Berkshire Hathaway Q4 2024 Book Value And Earnings Estimates: Where To Invest In 2025?
See here for an analysis of Berkshire Hathaway's strong Q4 earnings, high cash reserves, and stable performance, with ...
7h
Samsung Electronics announces guidance for Q4 2024
The results are higher than Q4 2023 with an increase in sales and operating profit. In October, Samsung posted an impressive ...
1d
Top analyst reworks Tesla stock price, rating with Q4 earnings on deck
Tesla moved lower in early Tuesday trading after a top Wall Street analyst issued a bullish note on the electric-vehicle ...
11h
Samsung's preliminary Q4 profit falls far short of estimates as chip issues drag
Samsung Electronics' preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean ...
4h
Shares of S’pore banks hit new highs, fuelled by higher-for-longer rates, expectations for strong Q4 earnings
Shares of S’pore banks hit new highs on Jan 8, fuelled by higher-for-longer rates and expectations for strong Q4 earnings ...
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