Valero Energy (VLO) Q4 EPS May Top Estimates
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Price: $162.49 -2.86%
Rating Summary:
21 Buy, 8 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 5 | Down: 3 | New: 5
Rating Summary:
21 Buy, 8 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 5 | Down: 3 | New: 5
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Valero Energy (NYSE: VLO) will report Q4 earnings on January 29th. In anticipation of above consensus results, analysts at Imperial Capital raised their price target on the stock by $1 to $34.00.
"We are raising our 4Q12 adjusted EPS estimates to $1.21 from $0.90 and full year 2012 to $4.94 from $4.63 for VLO, reflecting 4Q12 commodity prices and representative refining margins," said analyst Ann Kohle. This compares to consensus estimates of $1.16.
"Our 4Q12 EPS reflects refinery throughput of 2.56mmb/d and a gross refining margin of $10.62/bbl versus 2.7mmb/d and $5.45/bbl in the year-ago period," she added.
Imperial Capital has an In-Line rating on Valero Energy.
For an analyst ratings summary and ratings history on Valero Energy (NYSE: VLO) click here. For more ratings news on Valero Energy click here.
Shares of Valero Energy closed at $37.97 yesterday.
"We are raising our 4Q12 adjusted EPS estimates to $1.21 from $0.90 and full year 2012 to $4.94 from $4.63 for VLO, reflecting 4Q12 commodity prices and representative refining margins," said analyst Ann Kohle. This compares to consensus estimates of $1.16.
"Our 4Q12 EPS reflects refinery throughput of 2.56mmb/d and a gross refining margin of $10.62/bbl versus 2.7mmb/d and $5.45/bbl in the year-ago period," she added.
Imperial Capital has an In-Line rating on Valero Energy.
For an analyst ratings summary and ratings history on Valero Energy (NYSE: VLO) click here. For more ratings news on Valero Energy click here.
Shares of Valero Energy closed at $37.97 yesterday.
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