$Chevron(CVX.US)$ reported its Q2 earnings results on Friday, July 29, 2022 at 06:15 AM.
Here's what investors need to know about the announcement.
Earnings
Chevron beat estimated earnings by 14.57%, reporting an EPS of $5.82 versus an estimate of $5.08.
Revenue was up $31.16 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 3.16% drop in the share price the next day.
Here's a look at Chevron's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.26 | 3.10 | 2.21 | 1.50 |
| EPS Actual | 3.36 | 2.56 | 2.96 | 1.71 |
| Revenue Estimate | 47.94B | 44.80B | 40.52B | 34.32B |
| Revenue Actual | 54.37B | 48.13B | 44.71B | 37.60B |
To track all earnings releases for Chevron visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.