Quartz·1 min read·medium

ExxonMobil fell just short of earnings expectations as refinery repairs weighed

Cris Tolomia
AI Summary

ExxonMobil reported second-quarter earnings that slightly missed analyst expectations due to scheduled refinery maintenance. The shortfall highlights the impact of operational downtime on the company's fuel-production profitability.

Adjusted second-quarter earnings of $3.52 a share came in 2 cents below analyst forecasts, with scheduled maintenance limiting fuel-making profits

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