ExxonMobil: A Beat This Time?
April 26, 2017 at 14:55 PM EDT
ExxonMobil ( XOM ) is scheduled to report earnings on Friday , and as a pre-announcement gift to investors, it raised its dividend today . While the dividend increase wasn't enough to juice investor sentiment--Exxon's shares have barely moved as the increase was its smallest on a percentage basis in 15 years -- RBC's Brad Heffern and Jie Yong expect the oil giant to beat earnings when it reports. They explain why: