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

Market news

1 November 2019

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

Chevron (CVX) reported Q3 FY 2019 earnings of $1.36 per share (versus $2.11 in Q3 FY 2018), missing analysts’ consensus estimate of $1.46.

The company’s quarterly revenues amounted to $36.116 bln (-17.9% y/y), missing analysts’ consensus estimate of $37.690 bln.

CVX fell to $115.00 (-0.98%) in pre-market trading.

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