Valero Energy (VLO) Q2 Earnings and Revenues Surpass Estimates

Valero Energy (VLO) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $1.73 per share. This compares to earnings of $2.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +31.79%. A quarter ago, it was expected that this oil refiner would post earnings of $0.43 per share when it actually produced earnings of $0.89, delivering a surprise of +106.98%.Over the last four quarters, the comp ...