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Valero Energy (NYSE: VLO) will be releasing its next round of earnings this Thursday, July 30. For all of the relevant information, here is your guide for Thursday's Q2 earnings announcement.
Earnings and Revenue
Valero Energy's per-share loss will be near $-1.4 on sales of $15.94 billion, according to Wall Street analysts.Valero Energy earnings in the same period a year ago was $1.510 per share. Quarterly sales came in at $28.93 billion. If the company were to post earnings in-line with the consensus estimate when it reports Thursday, EPS would be down 192.72%. Sales would be down 10.3% from the same quarter last year. Valero Energy's reported EPS has stacked up against analyst estimates in the past like this:
Shares of Valero Energy were trading at $56.88 as of July 29. Over the last 52-week period, shares are down 31.71%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Valero Energy is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://78449.themediaframe.com/dataconf/productusers/valero/mediaframe/39233/indexl.html
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