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Recap: Chevron Q3 Earnings

Chevron (NYSE:CVX) reported its Q3 earnings results on Friday, October 28, 2022 at 06:15 AM. Here's what investors need to know about the announcement. Earnings Chevron beat estimated earnings by 13.24%, reporting an EPS of $5.56 versus an estimate of $4.91.
byBenzinga Insights
October 28, 2022
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Chevron (NYSE:CVX) reported its Q3 earnings results on Friday, October 28, 2022 at 06:15 AM.

Here’s what investors need to know about the announcement.

Earnings

Chevron beat estimated earnings by 13.24%, reporting an EPS of $5.56 versus an estimate of $4.91.

Revenue was up $21.93 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.74 which was followed by a 8.9% increase in the share price the next day.

Here’s a look at Chevron’s past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 5.08 3.26 3.10 2.21
EPS Actual 5.82 3.36 2.56 2.96
Revenue Estimate 57.96B 47.94B 44.80B 40.52B
Revenue Actual 68.76B 54.37B 48.13B 44.71B

To track all earnings releases for Chevron visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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