Valero Energy Corporation (VLO), headquartered in San Antonio, Texas, is a global manufacturer and marketer of transportation fuels and petrochemical products. With a market cap of $47.08 billion, Valero operates a vast network of refineries and renewable energy facilities, supplying many industries with high-quality fuel solutions. The company is set to announce its Q3 earnings before the market opens on Wednesday, Oct. 23.
Ahead of the event, analysts expect VLO to report a profit of $1.77 per share, down 76.4% from $7.49 in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in its last four quarterly reports.
