financetom
Business
financetom
/
Business
/
Valero Energy's Q1 Adjusted Earnings, Revenue Decline
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Valero Energy's Q1 Adjusted Earnings, Revenue Decline
Apr 25, 2024 4:40 AM

07:26 AM EDT, 04/25/2024 (MT Newswires) -- Valero Energy ( VLO ) reported Q1 adjusted earnings Thursday of $3.82 per diluted share, down from $8.27 a year earlier.

Analysts polled by Capital IQ expected $3.22.

Revenue for the quarter ended March 31 was $31.76 billion, down from $36.44 billion a year earlier.

Analysts surveyed by Capital IQ expected $33.11 billion.

Shares of Valero Energy ( VLO ) were up less than 1% in recent Thursday premarket activity.

Price: 168.49, Change: +1.49, Percent Change: +0.89

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 >
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,...
JPMorgan Chase's Balance Sheet, Management Create 'Optionality,' BofA Says
JPMorgan Chase's Balance Sheet, Management Create 'Optionality,' BofA Says
Jul 9, 2025
11:03 AM EDT, 07/09/2025 (MT Newswires) -- JPMorgan Chase's ( JPM ) balance sheet and management strength create optionality, BofA Securities said in a Wednesday note as it previewed the bank's Q2 results. While the bank did not officially change its 2025 net interest income guidance at its May investor day, BofA analysts noted that JPMorgan CFO said that full-year...
Microsoft AI Potential Underestimated by Investors Amid Strong Growth, Oppenheimer Says
Microsoft AI Potential Underestimated by Investors Amid Strong Growth, Oppenheimer Says
Jul 9, 2025
11:03 AM EDT, 07/09/2025 (MT Newswires) -- Microsoft's ( MSFT ) artificial intelligence business potential is being underestimated by the market, according to Oppenheimer, which believes the tech giant is in a position to continue to grow its AI revenue streams. In a client note emailed Wednesday, the brokerage said it believes that robust growth in Microsoft's ( MSFT )...
Richardson Strikes Partner Agreement With Pakal Technologies
Richardson Strikes Partner Agreement With Pakal Technologies
Jul 9, 2025
11:06 AM EDT, 07/09/2025 (MT Newswires) -- Richardson Electronics ( RELL ) said Wednesday it will supply clients with Pakal Technologies' 650V and 1200V silicon-based power switches following a global technology partner agreement. The company said the agreement will strengthen its power management portfolio. Price: 9.94, Change: +0.05, Percent Change: +0.51 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved