Suncor Energy (SU) Q3 Earnings and Revenues Surpass Estimates
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Suncor Energy (SU) reported Q3 earnings of $1.08 per share, surpassing the Zacks Consensus Estimate of $0.88. This is a slight decrease from last year's $1.13 per share.
November 13, 2024 | 1:30 am
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Suncor Energy's Q3 earnings of $1.08 per share exceeded expectations, which may positively influence its stock price in the short term despite a slight year-over-year decrease.
The earnings beat indicates strong performance relative to expectations, which typically results in a positive market reaction. The slight decrease from last year is less significant than the beat against estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100