Chevron reported Q2 FY 2016 loss of $0.78 per share (versus earnings of $0.30 in Q2 FY 2015), missing analysts’ consensus estimate of earnings $0.32.
The company’s quarterly revenues amounted to $29.282 bln (-27.4% y/y), missing analysts’ consensus estimate of $29.650 bln.
CVX fell to $100.32 (-1.44%) in pre-market trading.
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