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Chevron Earnings, Revenue Beat in Q3 -Breaking


© Reuters. Chevron Earnings, Revenue Beat in Q3

Investing.com Chevron (NYSE:) Friday’s third quarter report showed revenue exceeding expectations and beating analysts’ predictions.

Chevron reported earnings per share at $3.19 for revenue of $44.71B. Investing.com polled analysts to predict EPS of $2.21 based on $40.27B in revenue.

Chevron shares have increased 33% since the start of the year. However, they are still down 1.29% from their 52-week high of $114.60 on October 26. They are outperforming the S&P Global 100 which is up 19.54% from the start of the year.

Chevron reports on other earnings from the Energy sector this month

Chevron reports on Royal Dutch Shell B ADR’s Thursday earnings, which reported EPS $1.06 for revenue of $60.04B. This compares to the forecasts of EPS $1.37 for revenue of $61.17B.

TotalEnergies SE ADR exceeded expectations Thursday, posting a $39.07B third-quarter EPS of $1.76, on top of revenue forecasted at $1.64.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.