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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.

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Source Fool.com

Chevron Corp. Stock

€127.52
0.080%
With only a change of €0.10 (0.080%) the Chevron Corp. price is nearly unchanged from yesterday.
The stock is one of the favorites of our community with 36 Buy predictions and 2 Sell predictions.
As a result the target price of 162 € shows a positive potential of 27.04% compared to the current price of 127.52 € for Chevron Corp..
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