Valero (VLO) Q2 Earnings & Revenues Beat on Estimates, Fall Y/Y
VLOValero(VLO) ZACKS·2024-07-25 22:50

Valero Energy Corporation (VLO) reported second-quarter 2024 adjusted earnings of 2.71pershare,whichbeattheZacksConsensusEstimateof2.71 per share, which beat the Zacks Consensus Estimate of 2.61. However, the bottom line declined from 5.40reportedintheyearagoquarter.Totalquarterlyrevenuesdecreasedfrom5.40 reported in the year-ago quarter.Total quarterly revenues decreased from 34,509 million in the prior-year quarter to 34,490million.Thetopline,however,beattheZacksConsensusEstimateof34,490 million. The top line, however, beat the Zacks Consensus Estimate of 34,370 million.The better-than-expected quarterly results were primarily driven by an increase in refining throughput volu ...