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Chevron announced earnings per share of $1.93 on revenue of $29.71B. Analysts polled by Investing.com anticipated EPS of $0.65 on revenue of $29.75B. That with comparison to EPS of $1.32 on revenue of $35.2B in the same period a year before. Chevron had reported EPS of $1.24 on revenue of $36.35B in the previous quarter. Analysts are expecting EPS of $-0.83 and revenue of $24.58B in the upcoming quarter.
Chevron shares are down 23% from the beginning of the year , still down 27.56% from its 52 week high of $127.00 set on July 25, 2019. They are under-performing the S&P 500 which is down 10.24% year to date.
Chevron’s report follows an earnings beat by Royal Dutch Shell B ADR on Thursday, who reported EPS of $0.74 on revenue of $60.96B, compared to forecasts EPS of $0.52 on revenue of $65.15B.
BP ADR had matched expectations on Tuesday with first quarter EPS of $0.24 on revenue of $59.54B, compared to forecast for EPS of $0.24 on revenue of $48.03B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
