From Zacks Investment Research: 2025-05-01 18:40:00

Energy companies are expected to have a tough reporting period, with Zacks Oil & Energy sector earnings down -22.7% YoY. Exxon Mobil (XOM) and Chevron (CVX) are reporting this week. Exxon Mobil’s EPS estimate is $1.74, up 1.2% since February, while Chevron’s EPS estimate is $2.15, down 13% over the same timeframe. XOM’s earnings revisions show stability, with a 15% pullback YoY, while CVX’s sales expectations are up more than 2% over the same time period. Investors are watching both companies closely as earnings season continues.



Read more at Zacks Investment Research: Chevron & Exxon Mobil Earnings: What to Expect – May 1, 2025