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Valero Energy: Q2 Earnings Insights

  Valero Energy (NYSE:VLO) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 07:12

 

Valero Energy (NYSE:VLO) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Valero Energy beat estimated earnings by 20.59%, reporting an EPS of $11.36 versus an estimate of $9.42.

Revenue was up $23.89 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.67 which was followed by a 4.16% increase in the share price the next day.

Here's a look at Valero Energy's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.64 1.71 0.94 0.50
EPS Actual 2.31 2.47 1.22 0.48
Revenue Estimate 27.69B 27.34B 24.55B 22.57B
Revenue Actual 38.54B 35.90B 29.52B 27.75B

To track all earnings releases for Valero Energy VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.