Chevron (CVX) Q1 2013 Quarterly Results:
- Highlights: Revenues down; Net Income declines; Dividend raised by 1.1%.
- Revenue: Chevron's Total Revenue declined by over 6%, down to $57B from $61B in Q1 2012. Average analyst estimate was revenue of around $67.73B for the quarter.
- Net Income: Chevron reported Net Income of $6.2B, a nearly 5% decline from the $6.5B reported a year earlier.
- EPS/Diluted: Chevron's EPS/D came in at $3.18, which was lower than the $3.27 reported last year. CVX however beat analysts' expectation of EPS of $3.05 by $0.13.