Earnings Preview: Chevron
Portfolio Pulse from Benzinga Insights
Chevron (NYSE:CVX) is set to release its latest quarterly earnings report on July 28, 2023. Analysts estimate an EPS of $3.12. Last quarter, the company beat EPS by $0.14, which was followed by a 0.0% drop in the share price. Over the last 52-week period, Chevron's shares are down 1.94%.
July 27, 2023 | 2:02 pm
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Chevron is expected to report an EPS of $3.12 for the upcoming quarter. The company's stock price did not change after beating the EPS estimate last quarter. Over the past year, the stock price has decreased by 1.94%.
Chevron's stock price did not change after beating the EPS estimate last quarter, indicating that the market may not react strongly to an earnings beat. The overall negative performance of the stock over the past year may also dampen investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100