Chevron (CVX) reported Q1 FY2024 earnings of $2.93 per share (versus $3.55 per share in Q1 FY2023), slightly beating analysts’ consensus estimate of $2.92 per share.
The company’s quarterly revenues amounted to $48.716 bln (-4.1% y/y), slightly beating analysts’ consensus estimate of $48.419 bln.
CVX fell to $164.00 (-0.77%) in pre-market trading.