Chevron and Two Energy Stocks Poised to Beat Q2 Earnings Estimates

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Chevron, Baker Hughes, and Cactus are expected to report better-than-expected second-quarter earnings, according to Zacks Investment Research. The favorable energy business environment in the June quarter, driven by high commodity prices amid the Iran war, is likely to have boosted results. Baker Hughes has an Earnings ESP of +1.34% and a Zacks Rank of 3, with results due on July 26. Chevron, scheduled to report on July 31, has an Earnings ESP of +1.84% and a Zacks Rank of 3. Cactus, reporting on July 29, has an Earnings ESP of +7.04% and a Zacks Rank of 3.

Impact on stocks 3

Energy▲ · 2 stocks
Chevron Corp
CVX
▲ PositiveCapitalrelevance

Expected to beat Q2 earnings estimates with Earnings ESP of +1.84% and Zacks Rank 3.

Cactus Inc
WHD
▲ PositiveCapitalrelevance

Expected to beat Q2 earnings estimates with Earnings ESP of +7.04% and Zacks Rank 3.

Energy Transition & Power Demand▲ · 1 stocks
Baker Hughes Co
BKR
▲ PositiveCapitalrelevance

Expected to beat Q2 earnings estimates with Earnings ESP of +1.34% and Zacks Rank 3.

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