Chevron (CVX) to Report Q1 Earnings: What's in the Offing?

Chevron Corporation CVXis set to release first-quarter 2018 results before the opening bell on Apr 27.

In the preceding three-month period, the company reported a negative earnings surprise of 42.52%. However, the bottom line improved significantly from the year-ago period on the back of rebounding commodity prices and production gains.

The company also has an impressive earnings surprise history, surpassing estimates in three of the trailing four quarters, with an average positive earnings surprise of 7.41%.