Market participants will be closely following the financial results of Sunoco LP in its upcoming release. The company is forecasted to report an EPS of $1.82, showcasing a 133.33% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.49 billion, indicating a 4.37% decrease compared to the same quarter of the previous year. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audi ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fi ...

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Sunoco LP. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Brokerage Recomm ...

The master limited partnership's stock has climbed by 6.7% in the past month, exceeding the Oils-Energy sector's loss of 5.24% and the S&P 500's gain of 3.59%. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 7.22% higher. Currently, Sunoco LP is carrying a Zacks Rank of #1 (Strong Buy). For ...

Sunoco LP (SUN) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The upward trend in estimate revisions for this master limited partnership reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estima ...

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. Most Powerful Force Impacting Stock Prices For Sunoco LP, rising earnings estimates and the consequent rating upgrade fundamentally mean an impro ...

About Sunoco LP Contacts SOURCE Sunoco LP A slide presentation that management will reference during these meetings is available on SUN's website at www.sunocolp.com in the Investor Relations section under Webcasts & Presentations. Sunoco LP (NYSE: SUN) is a leading energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico. The Partnership's midstream operations include an extensive network of approximately 10,000 miles of pipeli ...

A month has gone by since the last earnings report for Sunoco LP (SUN) . Shares have lost about 2.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Sunoco LP due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Sunoco Q1 Earnings Beat Estimates Sunoco LP reported fir ...

DALLAS, June 6, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that Sunoco LP and NuStar Energy Partners, L.P. 2023 Schedule K-3s reflecting items of international tax relevance are available online. Unitholders requiring this information may access their Schedule K-3 at www.sunocolp.com in the investor relations section of the website. To receive an electronic copy of your 2023 Schedule K-3 via email, SUN unitholders owning SUN Common Units in 2023 may also call Tax ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued ...