Chevron Reported 2Q23 Earnings Of $6.01B, And Adjusted Earnings Of $5.78B; Adjusted EPS $3.08 Vs. $2.99 Estimate
Portfolio Pulse from Benzinga Newsdesk
Chevron has reported its 2Q23 earnings of $6.01 billion, with adjusted earnings of $5.78 billion. The adjusted EPS stands at $3.08, surpassing the estimate of $2.99.
July 24, 2023 | 5:11 am
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POSITIVE IMPACT
Chevron's 2Q23 earnings exceeded expectations with an adjusted EPS of $3.08 against the estimated $2.99. This could potentially boost investor confidence.
Chevron's earnings report for 2Q23 exceeded the estimated EPS, which is a positive indicator of the company's financial performance. This could potentially lead to an increase in the company's stock price in the short term as it may boost investor confidence in the company's profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100