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Valero Energy: Q3 Earnings Snapshot
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SAN ANTONIO (AP) — SAN ANTONIO (AP) — Valero Energy Corp. (VLO) on Thursday reported third-quarter net income of $6.83 billion.

The San Antonio-based company said it had profit of $23.89 per share. Earnings, adjusted for non-recurring costs, came to $23.90 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $21.28 per share.

The oil refiner posted revenue of $46.1 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $37.39 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VLO at https://www.zacks.com/ap/VLO

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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