Chevron reported second-quarter earnings of $6.06 per share, beating the Zacks Consensus Estimate of $5.80 per share and marking a 4.48% earnings surprise. Revenue came in at $70.06 billion, surpassing the consensus estimate by 21.78% and up from $44.82 billion a year earlier. The company has now exceeded consensus EPS estimates in all of the last four quarters. Chevron shares have gained about 26.2% year to date, outpacing the S&P 500's 8.7% advance.
Chevron CorpChevron beat Q2 earnings and revenue estimates, with EPS and revenue surpassing consensus.
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