ExxonMobil beats lowered Wall Street expectations

April 30, 2015 1:34 PM

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Crude oil's prolonged price slide dented ExxonMobil's first-quarter earnings, with the energy juggernaut's earnings slumping 46% and revenues tanking 36%.

The results, however, beat Wall Street's lowered expectations, pushing shares up 0.6% to $88.47 in early Thursday trading.

Also read: Intel Corporation Beats Earnings Estimates But Falls On Weak Guide

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