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Chevron Q1 Adjusted Earnings Fall, Revenue Rises

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-- Chevron (CVX) reported Q1 adjusted earnings Friday of $1.41 per diluted share, down from $2.18 a year earlier.

Analysts polled by FactSet expected $0.97.

Revenue and other income for the quarter ended March 31 was $48.61 billion, compared with $47.61 billion a year earlier.

Analysts surveyed by FactSet expected $51.86 billion.

The company's shares were up 1.4% in premarket activity.

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