ExxonMobil Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component ExxonMobil Corp (NYSE:XOM) will unveil its latest earnings on Tuesday, January 31, 2012. ExxonMobil Corporation produces and sells crude oil, natural gas and petroleum products.

ExxonMobil Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $2 per share, a rise of 8.1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $2.08. Between one and three months ago, the average estimate moved up. It has dropped from $2.13 during the last month. Analysts are projecting profit to rise by 35.9% versus last year to $8.45.

Last quarter, the company came in at net income of $2.13 per share against a mean estimate of profit of $2.11 per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by 17 cents.

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Wall St. Revenue Expectations: On average, analysts predict $119.88 billion in revenue this quarter, a rise of 14% from the year ago quarter. Analysts are forecasting total revenue of $482.86 billion for the year, a rise of 26% from last year’s revenue of $383.22 billion.

Analyst Ratings: Analysts are bullish on ExxonMobil as eight analysts rate it as a buy, one rates it as a sell and seven rate it as a hold.

A Look Back: In the third quarter, profit rose 40.5% to $10.33 billion ($2.13 a share) from $7.35 billion ($1.44 a share) the year earlier, exceeding analyst expectations. Revenue rose 31.5% to $121.42 billion from $92.35 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 26.8%, with the biggest boost coming in the second quarter when revenue rose 35.8% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose 41.3% in the second quarter and 69% in the first quarter.

Competitors to Watch: Chevron Corporation (NYSE:CVX), BP plc (NYSE:BP), ConocoPhillips (NYSE:COP), Marathon Oil Corporation (NYSE:MRO), Hess Corp. (NYSE:HES), TOTAL S.A. (NYSE:TOT), Suncor Energy Inc. (NYSE:SU) and Petroleo Brasileiro SA (NYSE:PBR).

Stock Price Performance: During November 25, 2011 to January 25, 2012, the stock price had risen $13.32 (18%) from $73.90 to $87.22. The stock price saw one of its best stretches over the last year between January 12, 2012 and January 20, 2012 when shares rose for six-straight days, rising 3.2% (+$2.75) over that span. It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10-straight days, falling 13.4% (-$11.24) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com