Suncor Energy Q2 EPS $0.93 Beats $0.77 Estimate, Sales $9.53B Beat $9.39B Estimate
Portfolio Pulse from Benzinga Newsdesk
Suncor Energy (NYSE:SU) reported strong Q2 earnings, with EPS of $0.93 beating estimates by 20.78% and sales of $9.53 billion surpassing expectations by 1.51%. This marks significant year-over-year growth in both earnings and sales.
August 06, 2024 | 9:49 pm
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Suncor Energy reported Q2 EPS of $0.93, beating the $0.77 estimate by 20.78%, and sales of $9.53 billion, surpassing the $9.39 billion estimate. This represents significant year-over-year growth in both earnings and sales.
The strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact Suncor Energy's stock price in the short term. The year-over-year growth further reinforces investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100