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Markets · Investing · Business
Finance
Exxon Mobil's Next Earnings Report on July 31 Could Send the Stock Soaring. Here's Why.
ExxonMobil should report a profit gusher later this week.
ExxonMobil(NYSE:XOM) plans to release its second-quarter financial results before the market opens on Friday, July 31. The oil giant has already hinted that it will report windfall profits during the period, driven by the war-fueled surge in oil prices.
Here’s a look at what to expect when ExxonMobil reports earnings later this week and why the report could send the oil stock soaring.
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