Secondquarter revenue, 74. 1 billion. That is the number that we were looking for for revenue. Once again, secondquarter earnings per share one dollar. 74. 1 billion, secondquarter revenue. Scarlet thank you so much for that first read on exxon mobil results. We have alix steel. This is our moment. She is busy looking through all the numbers. This earnings pershare number. Matt versus almost three dollars last year. It is an amazing drop. Alix we do want to hear where the miss actually happened. The common theme for earnings has been production and job cuts. What they do with production is mattering a little less. Can they keep their dividends . Do they have cash flow to cover it . That is the focus. Every quarter, it is usually production, production production. That came in bang in line. Those metrics matter a little more. We are getting a reading on capex comeing in at 8. 3 billion. Scarlet we were talking about production. Why is it significant to meet Production Target . Alix big
We are seeing american expectations is reflected in this university of michigan report an eightmonth low. Economists were looking for reading of 94 even. That is a decrease from the number we got for june. All of that said, the gauge has 90 forove 94 above eight months. It looks like again if the forwardlooking indicator within this overall reading thats coming in below estimates. Matt jules, thank you. We will take you back and check very little change on the s p 500, you can see really unchanged there, 21 lh. The Dow Jones Industrial average down in the face of Big Oil Earnings that dropped and disappointed. 17,702. A 44 point drop. The nasdaq up, i would call that unchanged as well. Julie i would indeed. Not just the data we just saw a few months ago, but the wage data i know we spoke on your program. Matt 0. 2 , increasing wage cost. We were looking for. 6 . Last month we had. 7 . That was a disappointment. Lets get to the top stories cross the bloomberg terminal at this hour. Hiri
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