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Chevron: Q2 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Chevron Corp. (CVX) on Friday reported second-quarter net income of $12.07 billion.

The Houston-based company said it had net income of $6.11 per share. Earnings, adjusted for non-recurring gains, came to $6.06 per share.

The results beat Wall Street expectations, but Chevron does not adjust its reported results based on one-time events such as asset sales. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $5.80 per share.

The oil company posted revenue of $70.06 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $57.53 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVX at https://www.zacks.com/ap/CVX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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