Exxon posts earnings of 43 cents a share vs. 31 cents expected
April 29, 2016 at 08:01 AM EDT
Wall Street expected the oil major to report earnings per share of 31 cents on revenue of $48.14 billion, according to a Thomson Reuters consensus estimates. Exxon shares have bounced back, rising more than 20 percent since hitting their 2016 intraday low on Jan. 20. That said, Standard and Poor's downgraded ExxonMobil's credit rating from AAA to AA+ on Tuesday...