Chevron Corporation (NYSE:CVX) will release earnings for its first quarter before the opening bell on Friday, May 1.
Analysts expect the Houston, Texas-based company to report quarterly earnings of 97 cents per share. That’s down from $2.18 per share in the year-ago period. The consensus estimate for Chevron’s quarterly revenue is $52.7 billion (it reported $47.61 billion last year), according to Benzinga Pro.
On April 9, Chevron confirmed an oil discovery at the Bandit prospect in the Gulf of America.
Shares of Chevron gained 0.6% to close at $193.31 on Thursday.
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