Jul. 24 at 5:53 PM
$VLO beats earnings estimates but sees revenue decline 📉
Valero posted Q2 adjusted EPS of
$2.28, topping the Zacks Consensus Estimate of
$1.73, yet revenue dropped to
$29.9B from
$34.5B in the year-ago quarter. Refining margins boosted results but lower throughput and renewable diesel sales volumes weighed on performance.
Full breakdown here 👉 https://www.zacks.com/stock/news/2613028/valero-energy-q2-earnings-beat-estimates-on-higher-refining-margins?cid=sm-stocktwits-2-2613028-body-3574&ADID=SYND_STOCKTWITS_TWEET_2_2613028_BODY_3574