Chevron (CVX) Surpasses Q4 Earnings Estimates

Chevron (CVX) came out with quarterly earnings of $3.45 per share, beating the Zacks Consensus Estimate of $3.29 per share. This compares to earnings of $4.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.86%. A quarter ago, it was expected that this oil company would post earnings of $3.68 per share when it actually produced earnings of $3.05, delivering a surprise of -17.12%.Over the last four quarters, the company has s ...