Earnings Preview For Valero Energy
Portfolio Pulse from Benzinga Insights
Valero Energy (NYSE:VLO) is expected to release its quarterly earnings report on Thursday, 2024-01-25, with analysts predicting an EPS of $2.99. Investors are looking for an earnings beat and positive guidance for future growth. Valero's past earnings performance shows mixed results with minor share price movements following the announcements. Currently, VLO shares are trading at $129.11, down 13.88% over the last 52 weeks, indicating potential investor dissatisfaction ahead of the earnings release.
January 24, 2024 | 2:01 pm
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Valero Energy is anticipated to report an EPS of $2.99 in its upcoming earnings, with investors focusing on potential earnings beat and future guidance. Historical performance shows a mixed impact on stock price post-earnings.
The expected EPS of $2.99 sets a benchmark for Valero's performance. While past earnings have shown mixed results, the stock price has experienced relatively small movements the day after earnings releases. The current share price reflects a downtrend over the past year, which may temper expectations. However, the actual impact will depend on whether Valero beats the EPS estimate and provides strong future guidance.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100