Suncor records $2.3 billion in refining and marketing income for Q2
SU Suncor Energy Inc
$67.75 +0.46%
View chart & analysis → - 1Suncor earned a record $2.3 billion in refining and marketing income during the second quarter.
- 2The Street's earnings per share (EPS) estimate was $2.35 and the revenue estimate was $10.71 billion.
- 3Suncor increased its share buyback scale to $500 million per month.
So what's the key point?
Suncor earned a massive $2.3 billion from refining and marketing in the second quarter. Performance was better than expert expectations and the company decided to buy back more shares, which is favorable for investors.
Source Earnings Whispers · View original ↗
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