Chevron (NYSE:CVX) reported first quarter earnings that Beat analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.39 on revenue of $35.2B. Analysts polled by expected EPS of $1.28 on revenue of $37.84B. That compared to EPS of $1.9 on revenue of $37.76B in the same period a year earlier. The company had reported EPS of $1.95 on revenue of $42.35B in the previous quarter.
Chevron shares lost 0.13% to trade at $117.75 in pre-market trade following the report.
Chevron follows other major Energy sector earnings this month
On Friday, Exxon Mobil reported first quarter EPS of $0.55 on revenue of $63.63M, compared to forecasts of EPS of $0.72 on revenue of $62.47B.
Total ADR earnings Beat analysts' expectations on Friday, with first quarter EPS of $1.02 on revenue of $45.1B. analysts expected EPS of $0.96 on revenue of $49.43B
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