Sunoco Q2 2024 GAAP EPS $3.85 Beats $1.30 Estimate, Sales $6.174B Beat $5.822B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sunoco (NYSE:SUN) reported Q2 2024 earnings per share (EPS) of $3.85, significantly beating the analyst estimate of $1.30. This represents a 393.59% increase from the same period last year. The company also reported sales of $6.174 billion, surpassing the $5.822 billion estimate and marking a 7.47% increase year-over-year.
August 07, 2024 | 11:01 am
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Sunoco reported Q2 2024 EPS of $3.85, beating the $1.30 estimate by 196.15%. Sales of $6.174 billion also exceeded expectations. EPS increased by 393.59% YoY.
Sunoco's significant beat on both EPS and sales estimates, along with a substantial year-over-year increase in EPS, is likely to positively impact the stock price in the short term.
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