Exxon Mobil Misses Bottom Line Estimates As Production Comes In Shy (XOM)

4-26-12-Exxon Mobil (NYSE:XOM) reported Q1 EPS of $2.00, missing estimates of $2.08. The company has missed estimates 3 out of the last 4 quarters.The company reported Q1 revenues of $124.05 billion, vs. estimates of $119.9 billion.Exxon reported production of 4.55 Mboe per day vs. estimates of 4.67 Mboe per day.Exxon said it repurchased $5 billion worth of shares in the quarter and expects to repurchase $5 billion in the second quarter.Exxon said segment earnings were as follows; E&P $7.8b vs. estimates of $8.58 billion, R&M $1.59 billion vs. estimates of $959 million, chemicals $701 million vs. estimates of $1.05 billion.SmarTrend currently has Exxon Mobil in a Downtrend. Since 2008, SmarTrend subscribers trading Exxon Mobil using our alerts outperformed the stock by 78%. We are monitoring these developments and will alert subscribers to any change in trend.