Published on 29 Jul 2022 on Zacks via Yahoo Finance
Chevron Corporation CVX reported adjusted second-quarter earnings per share of $5.82, beating the Zacks Consensus Estimate of $5.02 and surging from the year-earlier quarter's profit of $1.71.The outperformance could be attributed to robust commodity prices and product margins, which propelled both CVX segments to better-than-expected bottom line results.The company generated revenues of $68.8 billion. The sales figure beat the Zacks Consensus Estimate of $55.8 billion and increased 82.9% year over year.
Chevron Corporation Price, Consensus and EPS Surprise