Chevron announced its Q3 earnings: $3.54 billion.

Chemron Corp. (CVX), based in Houston, reported a net income of $3.54 billion for the third quarter. The earnings per share were recorded as $1.82. The pre-tax expenses adjusted earnings were determined to be $1.85.

Although the results exceeded financial market expectations, Chemron does not adjust reported results for one-time events such as asset sales. In a survey conducted by Zacks Investment Research, the average estimate from six analysts expected earnings per share of $1.66.

On the other hand, the oil company generated $49.73 billion in revenue, which fell short of market expectations. Zacks influenced by three analysts expected revenue of $53.58 billion.