Chevron Q3 2024 Adj. EPS $2.51 Beats $2.43 Estimate, Sales $50.669B Beat $48.986B Estimate
Portfolio Pulse from Benzinga Newsdesk
Chevron's Q3 2024 earnings per share of $2.51 exceeded analyst expectations of $2.43, despite being a 17.7% decrease from the previous year. Sales also surpassed estimates, reaching $50.669 billion, though this was a 6.31% decline from last year.
November 01, 2024 | 10:15 am
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Chevron's Q3 2024 earnings per share of $2.51 beat analyst estimates of $2.43, despite a 17.7% decrease from last year. Sales also exceeded expectations at $50.669 billion, though down 6.31% from the previous year.
Chevron's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the year-over-year decline in both metrics may temper investor enthusiasm.
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