Valero expects to end 2022 very strongly, unphased by broader market pressures (NYSE:VLO)

halbergman/E+ via Getty Images Valero Energy (NYSE:VLO) is scheduled to announce Q4 earnings results on Thursday, January 26th, before market open. The consensus EPS Estimate is $7.22 (+192.3% Y/Y) and the consensus Revenue Estimate is $43.31B (+20.6% Y/Y). Over the last 2 years, VLO has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 11 upward revisions and 0 downward. Revenue estimates have seen 4 upward revisions and 3 downward. Valero has a Quant rating of STRONG BUY, with a 4.93 rating score. Wall Street analysts rate the VLO stock BUY, while a majority of Seeking Alpha authors rate the stock HOLD. VLO has an industry ranking of 4 out of 23 in the oil refining sector, as per SA’s Quant ranking. The oil refiner in late October posted a healthy third quarter beat, where revenue jumped more than 50%. Recent analysis: “The increase in free cash flow, improving EBITDA, and better market prospects stemming from renewables, should help the (Valero) stock continue its upward trajectory into next year, despite the broader market being under pressure,” SA contributor The Value Analyst wrote in its latest research on stock. Recent news: Valero upgraded at BMO as favorable macro backdrop for cracks to continue. VLO stock rose over 70% in 2022, while the benchmark S&P 500 (SP500) slid nearly 20% for the year.

Leave a Comment

Your email address will not be published. Required fields are marked *