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Valero Energy to Report Q3 Results: Profitability Expected on Rising Refining Margins

Zacks ·

VLO Valero Energy Corp
$436.75 +0.77%
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  1. 1Valero Energy Corp will report third-quarter results before the US market opens on October 22.
  2. 2According to Zacks, earnings per share (EPS) are expected to grow by 480% compared to Valero's Q3 EPS of $3.66 from the same period last year.
  3. 3Analysts have revised Valero's earnings estimates upward over the past 60 days.

So what's the key point?

Valero Energy is scheduled to announce its third-quarter earnings. Experts expect the company's profits to increase significantly by 480% compared to last year.

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