Benzinga | Oct 22, 2020 06:36AM EDT

Valero Energy Q3 EPS $(1.16) Beats $(1.37) Estimate, Sales $15.81B Miss $16.55B Estimate

Valero Energy (NYSE:VLO) reported quarterly losses of $(1.16) per share which beat the analyst consensus estimate of $(1.37) by 15.33 percent. This is a 178.38 percent decrease over earnings of $1.48 per share from the same period last year. The company reported quarterly sales of $15.81 billion which missed the analyst consensus estimate of $16.55 billion by 4.48 percent. This is a 41.98 percent decrease over sales of $27.25 billion the same period last year.