Chevron (CVX) earnings for the quarter ended September 2026: EPS beats estimates
Chevron reported results for the quarter ended September 2026 on October 30, 2026. Adjusted earnings per share came in at $5.28 against the analysts’ average forecast of $4.87, a beat of 8.5%.
Revenue for the quarter was $67.80 billion, up 36.3% from $49.73 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 1.8% on the first trading day after the report.
The last four quarters
Chevron has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $5.28 | $4.87 | +8.5% | +36% | +1.8% |
| Jun 2026 | $6.06 | $5.57 | +8.8% | +56% | +0.4% |
| Mar 2026 | $1.41 | $0.97 | +45.6% | +2% | −0.5% |
| Dec 2025 | $1.52 | $1.44 | +5.2% | −10% | +3.3% |
What comes next
Analysts expect EPS of $5.68 for the next quarter on average and $18.30 for the fiscal year ending December 31, 2026.
The average analyst price target is $242.46, 10% above the current price of $219.89.
Valuation and score
Chevron scores 2.8 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 16.1, and its intrinsic value under moderate assumptions is about 27% below the current market value. Full Chevron analysis with 10 years of financials
Frequently asked questions
What was Chevron’s EPS for the quarter ended September 2026?
$5.28 adjusted per share, against an analyst consensus of $4.87.
How much revenue did Chevron report?
$67.80 billion, up 36.3% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.