Chevron (NYSE:CVX) reported its Q1 earnings results on Friday, April 29, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Chevron beat estimated earnings by 3.07%, reporting an EPS of $3.36 versus an estimate of $3.26.
Revenue was up $22.34 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.54 which was followed by a 3.52% drop in the share price the next day.
Here's a look at Chevron's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.10 | 2.21 | 1.50 | 0.9 |
| EPS Actual | 2.56 | 2.96 | 1.71 | 0.9 |
| Revenue Estimate | 44.80B | 40.52B | 34.32B | 30.37B |
| Revenue Actual | 48.13B | 44.71B | 37.60B | 32.03B |
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.
