That's a wrap.
Market opens Friday, Nov 13 at 9:30 AM ET
| Oct 30, 2026 | Sep 30, 2026 | Time not given | $3.90 | Beat$4.23 | +2.16% |
| Jul 31, 2026 | Jun 30, 2026 | Time not given | $3.63 | Missed$3.52 | −0.97% |
This covers the Jul 31, 2026 report. The Oct 30, 2026 numbers are in the table above.
Exxon missed second-quarter EPS estimates as growth indicators remained weak despite supportive valuation and balance-sheet metrics.
Exxon reported $3.52 EPS for the quarter ended June 30, 2026, $0.16 below the $3.68 estimate. Shares closed at $155.05 on August 3, down 0.25%, while the stock remained above its 20-day, 50-day, and 200-day averages. Forward EPS growth was negative, increasing the importance of a next-quarter earnings improvement.
Better case30%
The earnings miss proves temporary if Exxon converts its above-trend production thesis into sequential earnings improvement.
Base case45%
XOM consolidates near $155 as balance-sheet quality offsets weak TTM growth and the reported EPS miss.
Worse case25%
The miss extends into a weaker earnings trend, challenging the current valuation support and growth narrative.
Scenario odds are a judgement, not measured.