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.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on ke ...

Aziz Shamuratov /iStock Editorial via Getty ImagesIntroduction Apple (AAPL) is having somewhat of a hard time. Five of its past six quarters had negative sales growth, dragged down by its flagship product, the iPhone, which is pressured by headwinds, including stronger competition from Chinese producers. However, its shares soared by more than 6% after the recent earnings release, as the producer noted that it expects the next quarter to see growth. It also revealed $110 billion in additional buybacks! ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number 001-13175 VALERO ENERGY CORPORATION (Exact name of registrant as specified in its charter) Delaware ...

Valero Energy Corporation (NYSE:VLO) Q1 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants Homer Bhullar - Vice President, Investor Relations and Finance Lane Riggs - Chief Executive Officer and President Gary Simmons - Executive Vice President and Chief Operating Officer Greg Bram - Vice President, Refining Services Jason Fraser - Executive Vice President and Chief Financial Officer Conference Call Participants Theresa Chen - Barclays Neil Mehta - Goldman Sachs Roger Read - Wells ...

Valero Energy Corporation (VLO) reported first-quarter 2024 adjusted earnings of $3.82 per share, which beat the Zacks Consensus Estimate of $3.18. However, the bottom line declined from $8.27 reported in the year-ago quarter.Total quarterly revenues decreased from $36,439 million in the prior-year quarter to $31,759 million. The top line also missed the Zacks Consensus Estimate of $32,826 million.Better-than-expected quarterly earnings were primarily driven by a decline in total cost of sales. Segmental Pe ...

Exhibit 99.01 Valero Energy Reports First Quarter 2024 Results • Reported net income attributable to Valero stockholders of $1.2 billion, or $3.75 per share • Reported adjusted net income attributable to Valero stockholders of $1.3 billion, or $3.82 per share • Repaid the $167 million outstanding principal balance of its 1.200% Senior Notes that matured on March 15 • Declared a regular quarterly cash dividend of $1.07 per share on January 18 • Returned $1.4 billion to stockholders through dividends and stoc ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Valero Energy (VLO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Valero Energy currently has an average ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Valero Energy (VLO) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 25, 2024, might help the stock move higher if these key numbers are better than expect ...

Valero Energy (VLO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this oil refiner have returned -1.4% over the past month versus the Zacks S&P 500 composite's -1.7% change. The Zacks Oil and Gas - Refining and Marketing industry, to which Valero Energy belongs, has gained 2.3% over this period. Now the key question is: Where could the stock be headed in the near term?Altho ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.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 rely on traditional forms of ...