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Chevron will share its Q3 earnings on October 30, with analysts predicting a big rise in profit per share.

ResultsRead the original at Benzinga
Good for CVX

Chevron's expected quarterly profit and sales are both above last year's levels, and its Australian business signed a long-term gas supply deal. Results are pending, and one listed analyst kept a Hold rating, but the other listed ratings were positive.

CVX · Chevron Corporation

AI read · Good for CVX

The AI's read

The expected gains in both profit and sales suggest a stronger quarter than a year ago. The Australian deal also extends a longstanding customer relationship. Still, Chevron has not reported the quarter yet. Four of the five listed firms kept favorable ratings and raised their targets, while one kept a Hold rating.

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