Aggregate Q1 Loss Expected For S&P 500 Energy Sector

Aggregate Q1 Loss Expected For S&P 500 Energy Sector by John Butters, FactSet

Exxon Mobil and Chevron will also be focus companies for the market during the upcoming week, as both companies are scheduled to report earnings for the first quarter on April 29. The current mean EPS estimate for Exxon Mobil for Q1 2016 is $0.31, compared to year-ago actual EPS of $1.17. The current mean EPS estimate for Chevron for Q1 2016 is -$0.13, compared to year-ago actual EPS of $1.06.

Exxon Mobil and Chevron are companies in the Energy sector. The Energy sector is reporting the largest year-over-year decline in earnings of all 10 sectors in the S&P 500 at -110.3%. The year-over-year decline is larger...