Exploring Analyst Estimates for Valero Energy (VLO) Q3 Earnings, Beyond Revenue and EPS

Core Insights - Analysts expect Valero Energy (VLO) to report quarterly earnings of $2.91 per share, reflecting a year-over-year increase of 155.3% with revenues projected at $29.77 billion, down 9.4% from the previous year [1] - The consensus EPS estimate has been revised upward by 36% over the past 30 days, indicating a significant reassessment by analysts [1] Revenue Projections - Total operating revenues from refining are expected to be $28.91 billion, indicating a year-over-year decline of 7.8% [4] - Total operating revenues from ethanol are projected at $1.13 billion, down 1.4% year-over-year [4] - Total operating revenues from renewable diesel are estimated at $1.11 billion, reflecting a 9% decrease year-over-year [4] Refining Margins - The U.S. Mid-Continent region's refining margin per barrel is expected to reach $10.33, up from $7.92 a year ago [5] - The U.S. West Coast region's refining margin per barrel is projected at $13.74, compared to $7.31 in the same quarter last year [5] - The U.S. Gulf Coast region's refining margin per barrel is anticipated to be $10.65, an increase from $9.03 reported in the same quarter last year [6] Throughput Volumes - Refining throughput volumes per day are estimated at 3,007.56 thousand barrels, up from 2,884.00 thousand barrels in the same quarter last year [6] - U.S. Gulf Coast region throughput volumes per day are projected at 1,805.39 thousand barrels, slightly up from 1,799.00 thousand barrels year-over-year [7] - U.S. Mid-Continent region throughput volumes per day are expected to reach 447.87 thousand barrels, compared to 419.00 thousand barrels in the same quarter last year [7] Overall Performance - Analysts predict that the refining margin per barrel will likely reach $12.02, up from $9.09 in the same quarter last year [8] - North Atlantic region throughput volumes per day are expected to be 482.18 thousand barrels, compared to 422.00 thousand barrels a year ago [8] - The North Atlantic region's refining margin per barrel is projected at $14.50, an increase from $11.55 reported in the same quarter last year [9] Market Performance - Valero Energy shares have shown a return of -3.8% over the past month, contrasting with the Zacks S&P 500 composite's +1.2% change [10] - With a Zacks Rank 2 (Buy), Valero Energy is expected to outperform the overall market in the near future [10]