VLO Poised to Report Q3 Earnings: Here's What You Need to Know

Core Insights - Valero Energy Corporation (VLO) is scheduled to report its third-quarter 2025 results on October 23, 2025, before the market opens [1] - In the previous quarter, VLO's adjusted earnings were $2.28 per share, surpassing the Zacks Consensus Estimate of $1.73, mainly due to increased refining margins and lower total costs [1] Earnings Performance - VLO has missed the Zacks Consensus Estimate in one of the last four quarters but has beaten it three times, resulting in an average surprise of approximately 130% [2] - The Zacks Consensus Estimate for third-quarter earnings per share is $2.94, reflecting a 158% increase from the same period last year [2] Revenue Expectations - The Zacks Consensus Estimate for revenues stands at $29.7 billion, indicating a 9.6% decrease compared to the previous year's figure [3] Market Conditions - Average spot prices for West Texas Intermediate (WTI) crude in July, August, and September were $68.39, $64.86, and $63.96 per barrel, respectively, which were lower than the average prices of $81.80, $76.68, and $70.24 per barrel in the same months of the previous year [4] - Lower oil prices are expected to positively impact VLO's bottom line, as crude serves as a raw material for producing final petroleum products [5] Earnings Outlook - The current model does not predict an earnings beat for VLO, as it has an Earnings ESP of -4.85% and a Zacks Rank of 2 (Buy) [6][8]