Valero Energy Corp reports results for the quarter ended September 30 - Earnings Summary

• Valero Energy Corp VLO.N reported quarterly adjusted earnings of $23.90​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $3.66. The mean expectation of twenty analysts for the quarter was for earnings of $21.07 per share. Wall Street expected results to range from $13.56 to $24.30 per share.

• Revenue rose 43.3% to $46.10 billion from a year ago; analysts expected $38.85 billion.

• Valero Energy Corp's reported EPS for the quarter was $23.89​.

• The company reported quarterly net income of $6.83 billion.

• Valero Energy Corp shares had risen by 12.7% this quarter and gained 168.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 68.1% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is "buy."

• Wall Street's median 12-month price target for Valero Energy Corp is $435.00, about 0.4% below its last closing price of $436.75

This summary was machine generated from LSEG data October 22 at 01:30 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)