Suncor Energy: Q4 Earnings Snapshot
By AP News
Published - Feb 14, 2023, 08:00 PM ET
Last Updated - Jun 22, 2023, 09:38 PM EDT
CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Suncor Energy Inc. (SU) on Tuesday reported fourth-quarter earnings of $2.02 billion.
The Calgary, Alberta-based company said it had profit of $1.50 per share. Earnings, adjusted for non-recurring gains, were $1.33 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.
The energy company posted revenue of $10.21 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $9.65 billion.
