On Friday, Chevron CVX will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Based on Chevron management projections, analysts predict EPS of $2.09 on revenue of $45.59 billion.
Chevron EPS in the same period a year ago totaled 87 cents. Sales were $34.48 billion. If the company were to report inline earnings when it publishes results Friday, earnings would be up 140.23 percent. Sales would be up 32.22 percent on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | 1.49 | 1.23 | 0.91 | 0.87 |
EPS Actual | 1.9 | 0.67 | 0.85 | 0.87 |
Stock Performance
Over the last 52-week period, shares are up 21.03 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on Chevron stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Chevron is scheduled to hold a conference call at 11:00 a.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/o3aku7j3
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.