Valero Energy (VLO) Q3 Earnings and Revenues Miss Estimates

Valero Energy (VLO) came out with quarterly earnings of $1.14 per share, missing the Zacks Consensus Estimate of$ 1.29 per share. This compares to earnings of $7.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.63%. A quarter ago, it was expected that this oil refiner would post earnings of$ 2.61 per share when it actually produced earnings of $2.71, delivering a surprise of 3.83%.Over the last four quarters, the company ...