financetom
Business
financetom
/
Business
/
Sunoco's Q2 Net Income, Revenue Rise; Fiscal 2024 Adjusted EBITDA Guidance Reaffirmed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sunoco's Q2 Net Income, Revenue Rise; Fiscal 2024 Adjusted EBITDA Guidance Reaffirmed
Aug 7, 2024 5:31 AM

08:10 AM EDT, 08/07/2024 (MT Newswires) -- Sunoco ( SUN ) reported Q2 net income Wednesday of $3.85 per diluted unit, up from $0.78 a year earlier.

Analysts polled by Capital IQ expected $1.31.

Revenue for the quarter ended June 30 was $6.17 billion, compared with $5.75 billion a year earlier.

Two analysts surveyed by Capital IQ expected $5.82 billion.

The company said it continues to expect 2024 adjusted earnings before interest, taxes, depreciation and amortization of $1.46 billion to $1.52 billion.

Price: 54.29, Change: +0.69, Percent Change: +1.29

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
KoBold Metals, backed by Bezos and Gates, secures deal for disputed Congo lithium deposit
KoBold Metals, backed by Bezos and Gates, secures deal for disputed Congo lithium deposit
Jul 18, 2025
* Congo supports KoBold to resolve Manono mining rights dispute involving AVZ Minerals * KoBold's exploration licenses deadline set for July 31 DAKAR, July 18 (Reuters) - KoBold Metals, the mining company backed by U.S. billionaires Jeff Bezos and Bill Gates, has signed an agreement with the Democratic Republic of Congo that positions the U.S. firm to acquire the contested...
Trump aides expected to seek release of Epstein grand jury documents
Trump aides expected to seek release of Epstein grand jury documents
Jul 18, 2025
* Trump denies WSJ report on Epstein birthday letter, threatens lawsuit against Murdoch * Bondi pledges to begin seeking Epstein grand jury documents on Friday * Trump supporters demand more Epstein documents, causing fracture within president's base WASHINGTON, July 18 (Reuters) - Donald Trump's aides were expected on Friday to ask a court to release grand jury testimony about Jeffrey...
Topgolf Callaway's TopGolf Spinoff to Unlock Value, 2025 Earnings to Remain Under Pressure, Morgan Stanley Says
Topgolf Callaway's TopGolf Spinoff to Unlock Value, 2025 Earnings to Remain Under Pressure, Morgan Stanley Says
Jul 18, 2025
11:25 AM EDT, 07/18/2025 (MT Newswires) -- Topgolf Callaway Brands' ( MODG ) spinoff of its TopGolf business should unlock value but the company's 2025 earnings are likely to remain under pressure due to near-term challenges, Morgan Stanley said in a Thursday note. According to the investment firm, the near-term challenges include TopGolf's value strategy transition, intense competition in core...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved