Insights into Chevron's Upcoming Earnings
Portfolio Pulse from Benzinga Insights
Chevron is set to release its quarterly earnings report on November 1, 2024, with analysts estimating an EPS of $2.77. The company's past performance shows mixed results, with a recent EPS miss leading to a stable share price. Analysts rate Chevron as 'Outperform' with a price target suggesting a 16.91% upside. Chevron leads its peers in revenue growth and gross profit but has a lower return on equity.
October 31, 2024 | 2:01 pm
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Chevron is expected to report an EPS of $2.77. Analysts rate it 'Outperform' with a potential 16.91% upside. The company's strong revenue growth and gross profit are positive, but its low return on equity may concern investors.
Chevron's upcoming earnings report is highly anticipated, with analysts expecting a positive EPS. The 'Outperform' rating and significant upside potential suggest a positive market reaction. However, the low return on equity could be a concern for some investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100