Compared to Estimates, Chevron (CVX) Q4 Earnings: A Look at Key Metrics

Chevron (CVX) reported $47.18 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 16.5%. EPS of $3.45 for the same period compares to $4.09 a year ago.The reported revenue represents a surprise of -10.29% over the Zacks Consensus Estimate of $52.59 billion. With the consensus EPS estimate being $3.29, the EPS surprise was +4.86%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...