SAN ANTONIO (AP) — SAN ANTONIO (AP) — Valero Energy Corp. (VLO) on Thursday reported second-quarter profit of $714 million.
The San Antonio-based company said it had profit of $2.28 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share.
The oil refiner posted revenue of $29.89 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $27.84 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VLO at https://www.zacks.com/ap/VLO
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