Chevron Lags Q4 Earnings Estimates, Tops Revenues, Hikes Dividend

Chevron Corporation (CVX) reported adjusted fourth-quarter earnings per share of $2.06, missing the Zacks Consensus Estimate of $2.19 and well below the year-ago adjusted profit of $3.45. The underperformance stemmed from weaker oil price realizations and a dip in refined product sales margins.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company generated revenue of $52.2 billion. The sales figure beat the Zacks Consensus Estimate of $47 billion and increased 10.7% year over ye ...