25.10.2022 13:56:36

Valero Energy Corp. Profit Advances In Q3

(RTTNews) - Valero Energy Corp. (VLO) announced earnings for its third quarter that increased from last year

The company's earnings totaled $2.82 billion, or $7.19 per share. This compares with $463 million, or $1.13 per share, in last year's third quarter.

Excluding items, Valero Energy Corp. reported adjusted earnings of $2.80 billion or $7.14 per share for the period.

The company's revenue for the quarter rose 50.6% to $44.45 billion from $29.52 billion last year.

Valero Energy Corp. earnings at a glance (GAAP) :

-Earnings (Q3): $2.82 Bln. vs. $463 Mln. last year. -EPS (Q3): $7.19 vs. $1.13 last year. -Revenue (Q3): $44.45 Bln vs. $29.52 Bln last year.

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Valero Energy Corp. 113,94 -3,38% Valero Energy Corp.