Earnings Preview: Sunoco
Portfolio Pulse from Benzinga Insights
Sunoco (NYSE:SUN) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $1.25. The company's past performance shows a trend of missing EPS estimates, which has led to subsequent drops in share price. Shares of Sunoco were trading at $49.75 as of October 30, with a 52-week increase of 16.84%.
October 31, 2023 | 4:01 pm
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NEUTRAL IMPACT
Sunoco's upcoming earnings report could impact its stock price. The company has a history of missing EPS estimates, which has led to drops in share price. However, the stock has seen a 52-week increase of 16.84%.
Sunoco's stock price could be impacted by its upcoming earnings report. The company has a history of missing EPS estimates, which has typically resulted in a drop in share price. However, the stock has seen a 52-week increase of 16.84%, indicating a generally positive trend. The impact of the earnings report will depend on whether the company meets, exceeds, or falls short of the estimated EPS.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100