Company News: Chevron (CVX) Q4 results miss analysts’ estimates

Market news

27 January 2017

Company News: Chevron (CVX) Q4 results miss analysts’ estimates

Chevron reported Q4 FY 2016 earnings of $0.22 per share (versus -$0.31 in Q4 FY 2015), missing analysts' consensus estimate of $0.68.

The company's quarterly revenues amounted to $31.497 bln (+7.7% y/y), missing analysts' consensus estimate of $32.962 bln.

CVX fell to $113.13 (-2.93%) in pre-market trading.

Option expiries for today's 10:00 ET NY cut

US new orders for manufactured durable goods in December decreased $1.0 billion or 0.4 percent

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