Go long on CVX.
Wall Street analysts see Chevron reporting earnings of $1.45 per share on revenue of $39.25 billion.
In the same quarter last year, Chevron reported EPS of $1.95 on revenue of $42.35 billion. If the company were to post earnings inline with the consensus estimate when it reports Friday, EPS would be down 25.64%. Sales would have fallen 7.32% from the same quarter last year. Chevron's reported EPS has stacked up against analyst estimates in the past like this:
In the same quarter last year, Chevron reported EPS of $1.95 on revenue of $42.35 billion. If the company were to post earnings inline with the consensus estimate when it reports Friday, EPS would be down 25.64%. Sales would have fallen 7.32% from the same quarter last year. Chevron's reported EPS has stacked up against analyst estimates in the past like this:
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