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Chevron Earnings Miss, Revenue Beats In Q4 -Breaking

by Mike Robinson

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© Reuters. Chevron Earnings Miss, Revenue Beats In Q4

Investing.com – Chevron (NYSE: ) On Friday, the fourth quarter was reported by (NYSE :). Revenue exceeded expectations and analysts were disappointed.

Chevron reported earnings per share at $2.56 for revenue of $48.13B. Investing.com polled analysts and predicted an EPS of $3.1 for revenue of $44.68B.

Chevron shares have risen 15% since the start of the year but are still down 1.9% from January 27, when it hit a 52-week high of $137.00. They are outperforming the S&P 500 which is down 9.23% from the start of the year.

Chevron reports on other earnings from the Energy sector this month

Chevron’s earnings beat was achieved on January 21 by Schlumberger, who reported an EPS figure of $0.41 for revenue $6.23B. This compares to the forecasts of $0.389 for revenue $6.09B.

Kinder Morgan exceeded expectations by beating forecasts on January 19, posting fourth quarter EPS at $0.27 per unit on $4.43B in revenue, as opposed to $0.2524 projected on $3.61B revenue.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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