Can XOM's Q1 2025 forecast meet expectations?

**XOM's Q1 2025 forecast indicates a positive outlook**, and the company's efforts to meet expectations are bolstered by several key factors:

1. **Earnings Estimate**: The estimated EPS for Q1 2025 is $1.72, which is slightly below the consensus estimate of $1.82. This discrepancy suggests that while XOM's earnings are expected to be strong, there may be some cautionary notes regarding potential challenges or expenses.

2. **Revenue Estimate**: The estimated revenue for the quarter is $84.54 billion, which is slightly above the revenue figures from the previous quarter. This indicates a potential growth trajectory, assuming the oil price outlook remains favorable.
3. **Oil Price Outlook**: The oil price outlook is positive, which is a critical factor for XOM's earnings. Zacks Research, in their recent report, highlight the good oil price outlook for energy companies. This favorable condition is expected to support XOM's revenue and profitability.
4. **Cost Savings**: XOM has achieved significant structural cost savings, with a cumulative total of $12.1 billion since 2019. These cost savings are expected to partially offset any increased expenses, providing a buffer for the company's financial performance.
5. **Dividend and Shareholder Returns**: XOM has a history of distributing significant amounts of cash to shareholders, with total distributions reaching $36.0 billion in 2024. This commitment to returning value to shareholders, combined with the company's earnings forecast, suggests a positive outlook for Q1 2025.

In conclusion, while there are minor discrepancies between the estimated EPS and the consensus, the overall forecast for XOM's Q1 2025 is positive, supported by favorable oil prices, cost savings, and a strong track record of shareholder returns.