Suncor Energy (SU) Tops Q3 EPS by 15c
Get Alerts SU Hot Sheet
Join SI Premium – FREE
Suncor Energy (NYSE: SU) reported Q3 EPS of CDN$0.89, CDN$0.15 better than the analyst estimate of CDN$0.74.
Net earnings were $919 million ($0.63 per common share) for the third quarter of 2014, compared with net earnings of $1.694 billion ($1.13 per common share) for the prior year quarter. Net earnings for the third quarter of 2014 included an after-tax gain of $61 million on the disposal of the Wilson Creek assets in Exploration and Production, offset by a $54 million income tax and interest charge related to a prior period in Oil Sands. Net earnings also included the impact of an after-tax foreign exchange loss on the revaluation of U.S. dollar denominated debt of $394 million, compared to an after-tax foreign exchange gain of $138 million and an after-tax gain of $130 million from the sale of the conventional natural gas business in the prior year quarter.
For earnings history and earnings-related data on Suncor Energy (SU) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BayCom Corp (BCML) Misses Q1 EPS by 4c
- Five Point Holdings, LLC (FPH) Reports Q1 EPS of $0.03
- Chemung Financial (CHMG) Tops Q1 EPS by 44c
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!