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Chevron Earnings beat, Revenue misses In Q1


© Reuters.

Investing.com – Chevron (NYSE:) reported first quarter that beat analysts’ expectations on Friday and revenue that fell short of forecasts.

The firm reported earnings per share of $1.39 on revenue of $35.2B. Analysts polled by Investing.com anticipated EPS of $1.28 on revenue of $37.84B. That compared to EPS of $1.9 on revenue of $37.76B in the same period a year earlier. The company had reported EPS of $1.95 on revenue of $42.35B in the previous quarter.

Chevron shares lost 0.13% to trade at $117.75 in pre-market trade following the report.

For the year, Chevron shares are up 8.37%, under-performing the which is up 18.14% year to date.

Chevron follows other major Energy sector earnings this month

On Friday, Exxon Mobil reported first quarter EPS of $0.55 on revenue of $63.63M, compared to forecasts of EPS of $0.72 on revenue of $62.47B.

Total ADR earnings beat analyst’s expectations on Friday, with first quarter EPS of $1.02 on revenue of $45.1B. Investing.com analysts expected EPS of $0.96 on revenue of $49.43B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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