Chevron Stocks Dropped 2% after Posting Financial Results

Chevron stocks dropped 2% after posting financial results.

Chevron reported quarterly earnings of $2.56 per share which missed the analyst consensus estimate of $3.10 by 17.42 percent.

This is a 25700 percent increase over losses of $(0.01) per share from the same period last year.

The company reported quarterly sales of $46.00 billion which beat the analyst consensus estimate of $44.80 billion by 2.68 percent.

This is a 82.21 percent increase over sales of $25.25 billion the same period last year.