The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Chevron's revenues will grow 21.5% and EPS will compress -2.8%.
The average estimate for revenue is $73.77 billion. On the bottom line, the average EPS estimate is $3.08.
Last quarter, Chevron notched revenue of $60.55 billion. GAAP reported sales were 3.9% lower than the prior-year quarter's $56.31 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $2.99. GAAP EPS of $3.70 for Q4 were 44% higher than the prior-year quarter's $2.57 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 29.6%, 170 basis points better than the prior-year quarter. Operating margin was 14.2%, much about the same as the prior-year quarter. Net margin was 13.4%, 430 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $260.01 billion. The average EPS estimate is $12.60.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 4,106 members out of 4,267 rating the stock outperform, and 161 members rating it underperform. Among 1,011 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 987 give Chevron a green thumbs-up, and 24 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Chevron is outperform, with an average price target of $125.29.
Is Chevron the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Chevron to My Watchlist.