Chevron: Q1 Earnings Insights - Chevron (NYSE:CVX)

Chevron 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.

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.

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.