Why Chevron Stock Popped After Earnings
Chevron (NYSE: CVX) stock jumped 2.4% through 11:55 a.m. ET Friday after reporting a sizable earnings beat this morning.
Analysts expected Chevron to earn $1.71 per share, adjusted for one-time items, on sales of $47.4 billion in Q3. Instead, Chevron reported $1.85 per-share profit, and sales exceeded $49.7 billion.
Image source: Getty Images.
Source Fool.com
Chevron Corp. Stock
€161.44
-2.340%
The stock is one of the favorites of our community with 47 Buy predictions and 1 Sell predictions.
As a result the target price of 175 € shows a slightly positive potential of 8.4% compared to the current price of 161.44 € for Chevron Corp..
