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Why Chevron Stock Dropped 5% Today
CVXChevron(CVX) The Motley Fool·2025-01-31 18:50

Chevron Corporation (CVX -3.86%) stock fell 4.5% through 10:35 a.m. ET Friday after the company reported a revenue beat but an earnings miss in its morning Q4 report.Analysts had predicted Chevron would earn 2.11pershare,adjustedforonetimeitems,onsalesof2.11 per share, adjusted for one-time items, on sales of 48.4 billion. Chevron beat that sales forecast with a stick, doing 52.2billioninbusinessduringthequarter.Profits,however,cameinanickelshortat52.2 billion in business during the quarter. Profits, however, came in a nickel short at 2.06 per share. Chevron Q4 earningsChevron's adjusted earnings didn't just miss analyst ...