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Imperial Oil (IMO) Down 3.5% Since Last Earnings Report: Can It Rebound?

May 31, 2020 - Nasdaq
Financial Results

It has been about a month since the last earnings report for Imperial Oil (IMO). Shares have lost about 3.5% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Imperial Oil due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Imperial Oil Q1 Earnings Beat...