Valero Energy Corp VLO.N reported quarterly adjusted earnings of 64 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $3.55. The mean expectation of seventeen analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from -7 cents to 21 cents per share.
Revenue fell 13.2% to $30.76 billion from a year ago; analysts expected $30.20 billion.
Valero Energy Corp's reported EPS for the quarter was 88 cents.
The company reported quarterly net income of $281 million.
Valero Energy Corp shares had risen by 12.9% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 91.1% in the last three months.
In the last 30 days, sixteen analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the oil & gas refining and marketing peer group is also "buy"
Wall Street's median 12-month price target for Valero Energy Corp is $153.00
This summary was machine generated from LSEG data January 30 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.07 | 0.64 | Beat |
Sep. 30 2024 | 0.98 | 1.14 | Beat |
Jun. 30 2024 | 2.60 | 2.71 | Beat |
Mar. 31 2024 | 3.24 | 3.82 | Beat |
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