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Empresas y finanzas

Exxon Q4 profit down 33 percent, tops Wall Street


    HOUSTON (Reuters) - Exxon Mobil Corp , the world's largest publicly traded company, said on Friday its fourth-quarter net income fell 33 percent as a steep drop in crude oil prices hurt results.

    Net profit in the quarter was $7.8 billion, or $1.55 per share, compared with $11.7 billion, or $2.13 per share, in the same period a year earlier.

    Analysts on average had expected a profit of $1.45 per share, according to Reuters Estimates.

    Irving, Texas-based Exxon and other energy companies have seen the record profits reaped in recent years vanish as average crude oil prices fell to about $59 a barrel in the fourth quarter from about $90 per barrel a year ago.

    (Reporting by Anna Driver in Houston, editing by Dave Zimmerman)