Chevron Earnings Beat Expectations by $0.06, Profits Higher Than Anticipated

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Chevron Earnings Beat Expectations by $0.06, Profits Higher Than Anticipated

According to Chevron's (NYSE: CVX) report, the earnings per share for the third quarter were $2.51, exceeding analysts' expectations of $2.45 by $0.06. The reported profit for this quarter was $50.67 billion, while analyst forecasts were at $48.9 billion.

Chevron's stock closed the day at $148.82, indicating a 0.18% gain over the past three months. The stock has shown a nominal increase of 0.04% over the last 12 months. Over the past 90 days, Chevron experienced 0 positive earnings per share while seeing 16 negative earnings per share.

You can explore how Chevron's stock price reacted to previous earnings reports here. According to InvestingPro, Chevron's financial health score is "Quite Good".

You can review Chevron's latest earnings reports and all financial information about the company here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.