Chevron Q1 Adj. EPS $2.18, Inline, Sales $47.61B Miss $48.09B Estimate

Chevron (NYSE:CVX) reported quarterly earnings of $2.18 per share which met the analyst consensus estimate. This is a 25.6 percent decrease over earnings of $2.93 per share from the same period last year. The company reported quarterly sales of $47.61 billion which missed the analyst consensus estimate of $48.09 billion by 0.99 percent. This is a 2.27 percent decrease over sales of $48.72 billion the same period last year.