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Valero Rises 1.16% Ahead of October Earnings Report
Valero advanced as the S&P 500 slipped, with analysts expecting sharply higher earnings and revenue in its October report.
Key takeaways
- Valero gained 1.16% to $424.10 as the S&P 500 fell 0.22%.
- Analysts expect $17.92 in earnings per share and $38.54 billion in revenue for the upcoming report.
Valero Energy shares gained 1.16% to $424.10 as of Wednesday afternoon, while the S&P 500 fell 0.22% in the latest session.
The refiner plans to report earnings on October 22. Analysts expect earnings of $17.92 per share and revenue of $38.54 billion, according to the latest consensus estimates. Those forecasts represent year-over-year increases of 389.62% and 19.81%, respectively.
Before the latest session, Valero shares had gained 9.5% over the past month. The Oils-Energy sector rose 2.42% over the same period, while the S&P 500 gained 1.4%.
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This article was produced with the help of AI technology. Source: Yahoo Finance
