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.
