Exxon Mobil Corporation (XOM), Chevron Corporation (CVX), and What to Expect in This Week’s Dow (.DJI) Earnings

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Both companies reporting on Thursday, 3M Co (NYSE:MMM) and Exxon Mobil Corporation (NYSE:XOM), are expected to post year-over-year EPS growth. Analysts expect the former to nose higher by around 4% in both earnings and revenue, with an average EPS estimate of $1.65. Exxon’s expected to see sales fall more than 3% year over year, but analysts still project an average EPS figure of $2.05, a slight increase over last year’s $2 figure for the same quarter. Exxon recently nosed past Apple Inc. (NASDAQ:AAPL) to retake the title of the world’s most valuable publicly traded company, even as shares have fallen more than 3% year to date.

Analysts aren’t so optimistic about earnings at Exxon’s fellow Big Oil competitor Chevron Corporation (NYSE:CVX), which rounds out the Dow’s week by reporting data on Friday. Although Chevron’s expected to post double-digit sales growth and revenue of more than $67.7 billion, the company’s projected to see earnings per share decline slightly to $3.07 for the quarter. Chevron’s stock has performed better than Exxon Mobil Corporation (NYSE:XOM)’s in 2013, with shares gaining around 5%; still, the stock has underperformed the majority of the Dow so far.

The article What to Expect in This Week’s Dow Earnings originally appeared on Fool.com.

Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool recommends 3M, Apple, Chevron, and Procter & Gamble and owns shares of Apple.

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