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Chevron (CVX) Misses Q3 EPS by 9c, Revenues Miss
November 1, 2019 8:32 AM EDTChevron (NYSE: CVX) reported Q3 EPS of $1.36, $0.09 worse than the analyst estimate of $1.45. Revenue for the quarter came in at $36.12 billion versus the consensus estimate of $37.69 billion.
Reported earnings of $2.6 billion ($1.36 per share - diluted) for third quarter 2019, compared with $4.0 billion ($2.11 per share - diluted) in the third quarter 2018.Included in the current quarter was a tax charge of $430 million related to a cash repatriation.Foreign currency effects increased earnings in the third quarter 2019 by $74 million.Sales and other... More