SAN ANTONIO (AP) \u2014 SAN ANTONIO (AP) \u2014 Valero Energy Corp. (VLO) on Thursday reported second-quarter earnings of $3.72 billion.<\/p>\n
On a per-share basis, the San Antonio-based company said it had net income of $12.62. Earnings, adjusted for non-recurring gains, came to $12.54 per share.<\/p>\n
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $9.87 per share.<\/p>\n
The oil refiner posted revenue of $44.48 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $35.95 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"SAN ANTONIO (AP) \u2014 SAN ANTONIO (AP) \u2014 Valero Energy Corp. (VLO) on Thursday reported second-quarter earnings of…\n","protected":false},"author":2,"featured_media":29105,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[138300,59373,59370,84874,82,84,83],"class_list":["post-393013","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-antonio","tag-earns-valero-energy","tag-package-100373-mc-complete-state-national","tag-product-30109-ap-texas-state-news-no-weather","tag-product-30597-ap-business-news-f-wire","tag-san-antonio","tag-san-antonio-headlines","tag-san-antonio-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/393013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=393013"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/393013\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/29105"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=393013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=393013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=393013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}