Bizblogger

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Thursday, April 27, 2006

Exxon Mobil Misses Forecasts

Exxon-Mobil reported $88 billion in revenue last quarter, which was approximately 12% under analyst expectations. Earnings per share were also lower than expected.

So with shares expected to trade lower today, XOM shareholders have earned a whopping 5-6% return on their investment year-to-date. Call the regulators - split up the company!