The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Chevron's revenues will grow 1.6% and EPS will decrease -15.7%.
The average estimate for revenue is $63.61 billion. On the bottom line, the average EPS estimate is $3.00.
Last quarter, Chevron recorded revenue of $56.82 billion. GAAP reported sales were 8.5% lower than the prior-year quarter's $57.11 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $3.18. GAAP EPS of $3.18 for Q1 were 2.8% lower than the prior-year quarter's $3.27 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 29.9%, 100 basis points worse than the prior-year quarter. Operating margin was 14.8%, 320 basis points worse than the prior-year quarter. Net margin was 11.8%, 50 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $246.64 billion. The average EPS estimate is $12.51.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 4,118 members out of 4,279 rating the stock outperform, and 161 members rating it underperform. Among 964 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 938 give Chevron a green thumbs-up, and 26 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 $128.55.
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.