Valero Energy (NYSE:VLO) reported its Q3 earnings results on Thursday, October 21, 2021 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Valero Energy beat their estimated earnings by 29.79%, which surprised analysts.
Revenue was up $13,711,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $-0.02, which was followed by a 0.99% drop in the share price the next day.
Here’s a look at Valero Energy’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.50 | -1.89 | -1.42 | -1.37 |
| EPS Actual | 0.48 | -1.73 | -1.06 | -1.16 |
| Revenue Estimate | 22.57B | 18.65B | 16.21B | 16.55B |
| Revenue Actual | 27.75B | 20.81B | 16.60B | 15.81B |
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