Chevron Earnings, Revenue Beat in Q2
2022.07.29 13:30
Chevron Earnings, Revenue Beat in Q2
Investing.com – Chevron (NYSE:CVX) reported on Friday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Chevron announced earnings per share of $5.82 on revenue of $68.76B. Analysts polled by Investing.com anticipated EPS of $5.09 on revenue of $57.96B.
Chevron shares are up 28% from the beginning of the year, still down 17.55% from its 52 week high of $182.40 set on June 8. They are outperforming the S&P Global 100 which is down 12.97% from the start of the year.
Chevron follows other major Energy sector earnings this month
Chevron’s report follows an earnings beat by Shell ADR on Thursday, who reported EPS of $3.08 on revenue of $100.06B, compared to forecasts EPS of $2.75 on revenue of $94.53B.
TotalEnergies SE ADR had beat expectations on Thursday with second quarter EPS of $3.75 on revenue of $70.46B, compared to forecast for EPS of $3.7 on revenue of $63.44B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
