Valero Energy (VLO) Tops Q3 Earnings and Revenue Estimates

Core Insights - Valero Energy (VLO) reported quarterly earnings of $3.66 per share, exceeding the Zacks Consensus Estimate of $2.95 per share, and significantly up from $1.14 per share a year ago, representing an earnings surprise of +24.07% [1] - The company achieved revenues of $32.17 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 8.05%, although down from $32.88 billion year-over-year [2] - Valero Energy has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of Valero Energy's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $2.27 on revenues of $28.74 billion, and for the current fiscal year, it is $8.49 on revenues of $118.66 billion [7] Industry Context - The Oil and Gas - Refining and Marketing industry, to which Valero belongs, is currently ranked in the top 10% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]