Exxon Mobil profits jump 41 percent from last year, earnings fall short

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Exxon Mobil on Thursday reported a profit of $10.7 billion in the second quarter, up 41% from the prior year, driven by higher gas prices.

But the oil company fell short of earnings estimates.

Exxon Mobil’s earnings per share were $2.18 in the second quarter, 15 cents shy of the $2.33 consensus of analysts surveyed by Thomson Reuters.

Full story: Gas prices drive Exxon Mobil profit up 41%