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 $2.62 billion.
The San Antonio-based company said it had net income of $7.49 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $7.36 per share.
The oil refiner posted revenue of $38.4 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $38.96 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
