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Sunoco LP (SUN) reported earnings for its third quarter that advanced from the same period last year.


RTTNews | Nov 4, 2020 04:44PM EST

16:43 Wednesday, November 4, 2020 (RTTNews.com) - Sunoco LP (SUN) reported earnings for its third quarter that advanced from the same period last year.

The company's profit totaled $100 million, or $0.96 per share. This compares with $66 million, or $0.57 per share, in last year's third quarter.

Analysts had expected the company to earn $0.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 35.1% to $2.81 billion from $4.33 billion last year.

Sunoco LP earnings at a glance:

-Earnings (Q3): $100 Mln. vs. $66 Mln. last year.-EPS (Q3): $0.96 vs. $0.57 last year.-Analysts Estimate: $0.78-Revenue (Q3): $2.81 Bln vs. $4.33 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3142906/sunoco-lp-reports-advance-in-q3-bottom-line.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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