Exxon: Q3 Earnings Snapshot

SPRING, Texas (AP) — SPRING, Texas (AP) — Exxon Mobil Holdings Corporation (XOM) on Friday reported third-quarter net income of $15.41 billion.

On a per-share basis, the Spring, Texas-based company said it had net income of $3.72. Earnings, adjusted for non-recurring costs, came to $4.23 per share.

The results beat Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.90 per share.

The oil and natural gas company posted revenue of $113.16 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $102.98 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XOM at https://www.zacks.com/ap/XOM