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$1,485.55 a second - Exxon 2nd quarter profit

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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-31-08 11:27 AM
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$1,485.55 a second - Exxon 2nd quarter profit
Exxon posts record $11.68 billion profit
World's largest publicly traded oil firm makes $1,485.55 a second in the quarter, but misses forecasts.

NEW YORK (CNNMoney.com) -- Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter.

That profit works out to $1,485.55 a second.

That barely beat the previous corporate record of $11.66 billion, also set by Exxon in the fourth quarter of 2007.

But Exxon (XOM, Fortune 500) profit fell short of Wall Street estimates.

http://money.cnn.com/2008/07/31/news/companies/exxon_profits/?postversion=2008073110

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