San Antonio, Texas-based Valero Energy Corporation (VLO) is an international manufacturer and marketer of transportation fuels and petrochemical products. Valued at $38.7 billion by market cap, Valero employs nearly 10,000 people and operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day.
The energy giant is set to announce its fourth-quarter earnings before the market opens on Thursday, Jan. 30. Ahead of the event, analysts expect Valero to report a profit of $0.40 per share, down 88.7% from $3.55 per share reported in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates thrice over the past four quarters while missing on one other occasion. Its EPS for the last reported quarter tanked 84.8% year-over-year to $1.14, missing analysts’ estimates by 11.6%.
