From Nasdaq:

Valero Energy, a Zacks Oil and Gas-Refining and Marketing industry stock, has a history of consistently beating earnings estimates. With an average surprise of 4.03% over the past two quarters, favorable Earnings ESP of +0.70% and Zacks Rank #3, it’s poised to potentially beat again in its next report.

The Earnings ESP metric reveals that the Valero Energy, stock is bullish and could possibly beat earnings estimates next quarter. Zacks Rank#3 further underlines its potential for another earnings beat, with the company’s next earnings release expected on January 25, 2024.

A negative Earnings ESP value reduces its predictive power. Companies may exceed or fail to meet consensus EPS estimates while still having positive stock performance. It is important to check a company’s Earnings ESP ahead of its quarterly release to increase the odds of success using the Earnings ESP Filter.

It is important to note that the views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more: Will Valero Energy (VLO) Beat Estimates Again in Its Next Earnings Report?