Valero Energy Corp. (VLO) revealed a profit for its third quarter that Increased from last year and beat the Street estimates.
The company's earnings totaled $1.095 billion, or $3.53 per share. This compares with $364 million, or $1.14 per share, last year.
Excluding items, Valero Energy Corp. reported adjusted earnings of $1.134 billion or $3.66 per share for the period.
Analysts on average had expected the company to earn $3.05 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.2% to $32.168 billion from $32.876 billion last year.
Valero Energy Corp. earnings at a glance (GAAP) :
-Earnings: $1.095 Bln. vs. $364 Mln. last year.-EPS: $3.53 vs. $1.14 last year.-Revenue: $32.168 Bln vs. $32.876 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.