Chevron prepares to report quarterly earnings with analysts expecting $2.77 EPS

Chevron will release its quarterly earnings report on November 1, 2024. Analysts expect an earnings per share (EPS) of $2.77. Investors are particularly focused on guidance for the next quarter, as past earnings have influenced stock price movements. In the previous quarter, Chevron's EPS fell short by $0.38, resulting in no change in share price. Currently, Chevron shares are trading at $148.05, up 1.02% over the past year. Analysts rate Chevron as "Outperform," with a one-year price target of $173.08. Chevron leads its peers in revenue growth and gross profit margin but has a lower return on equity. The company has a market capitalization that exceeds industry averages, reflecting its significant size and market presence.