Chevron (CVX) Tops Q1 EPS by 42c
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Chevron Reports First Quarter Net Income of $3.6 Billion
April 27, 2018 8:30 AM EDTSAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $3.6 billion ($1.90 per share diluted) for first quarter 2018, compared with $2.7 billion ($1.41 per share diluted) in the first quarter of 2017. Foreign currency effects increased earnings in the 2018 first quarter by $129 million, compared with a decrease of $241 million a year earlier.
Sales and other operating revenues in first quarter 2018 were $36 billion, compared to $32 billion in the year-ago period.
Earnings Summary
ÂThree Months
Ended March 31
Millions of dollars  2018  2017 Earnings by business segment  Upstream $ 3,352 $ 1,517... More