Exxon Mobil Corp. Q4 Profit Drops

(RTTNews) - Exxon Mobil Corp. (XOM) released earnings for fourth quarter that decreased from the same period last year

The company's earnings came in at $7.610 billion, or $1.72 per share. This compares with $7.630 billion, or $1.91 per share, last year.

Excluding items, Exxon Mobil Corp. reported adjusted earnings of $7.394 billion or $1.67 per share for the period.

The company's revenue for the period fell 1.1% to $83.426 billion from $84.344 billion last year.

Exxon Mobil Corp. earnings at a glance (GAAP) :

-Earnings: $7.610 Bln. vs. $7.630 Bln. last year. -EPS: $1.72 vs. $1.91 last year. -Revenue: $83.426 Bln vs. $84.344 Bln last year.