Exxon beats earnings estimate despite hit from Iran war
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Article Excerpt
Exxon beats earnings estimate despite hit from Iran war
SHEILA DANG
HOUSTON
REUTERS
PUBLISHED MAY 1, 2026
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Exxon Mobil XOM-N beat estimates for first-quarter adjusted earnings on Friday, though unadjusted profit dropped to its lowest level in five years due to disrupted shipments from the U.S.-Israeli war on Iran and a large negative impact from timing effects related to financial derivatives.
Adjusted earnings for the first three months of the year were US…
Read full article at The Globe and Mail ↗
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