Company News: Chevron (CVX) quarterly results beat analysts’ expectations

Market news

1 May 2020

Company News: Chevron (CVX) quarterly results beat analysts’ expectations

Chevron (CVX) reported Q1 FY 2020 earnings of $1.93 per share (versus $1.39 per share in Q1 FY 2019), beating analysts' consensus estimate of $0.67 per share.

The company's quarterly revenues amounted to $31.501 bln (-10.5% y/y), beating analysts' consensus estimate of $30.464 bln.

CVX fell to $89.54 (-2.67%) in pre-market trading.

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