Company News: Chevron (CVX) Q3 EPS beat analysts’ estimate

Market news

28 October 2016

Company News: Chevron (CVX) Q3 EPS beat analysts’ estimate

Chevron reported Q3 FY 2016 earnings of $0.68 per share (versus $1.09 in Q3 FY 2015), beating analysts' consensus estimate of $0.39.

The company's quarterly revenues amounted to $30.140 bln (-12.2% y/y), missing analysts' consensus estimate of $30.578 bln.

CVX rose to $100.35 (+0.43%) in pre-market trading.

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US employment cost index in line with expectations

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