Fly ExxonMobil in the second quarter of 2011. The net profit of the US oil company jumps up by 41%, passing to 10,68 billion dollars from 7,56 billion in the same period last year. Bloomberg writes that it is the best quarterly result for three years. Yet analysts were expecting even more, i.e. earnings per share of $2,33 (Thomson Reuters I/B/E/S estimates), higher than the value of $2,18 currently accrued, in any case better than that recorded in the same period last year ($1,60).
Naturally, the increase in oil prices took the lion's share in the race to the top in revenues (125,4 billion). Disappointed, an even more bullish market posts a 1,5% pre-exchange loss on the stock.
