Chevron (NYSE:CVX) reported its Q4 earnings results on Friday, January 28, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Check out these penny stocks insiders are buying
Earnings
Chevron missed estimated earnings by 17.42%, reporting an EPS of $2.56 versus an estimate of $3.1, which surprised analysts.
Revenue was up $22.88 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.75, which was followed by a 1.21% increase in the share price the next day.
Here's a look at Chevron's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.21 | 1.50 | 0.9 | 0.07 |
| EPS Actual | 2.96 | 1.71 | 0.9 | -0.01 |
| Revenue Estimate | 40.52B | 34.32B | 30.37B | 26.20B |
| Revenue Actual | 44.71B | 37.60B | 32.03B | 25.25B |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
