Earnings Preview: Sunoco

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Earnings Preview: Sunoco

Published on Wednesday, 01 February 2012 13:40 Written by Christopher Lynn

sun New York, February 1st (TradersHuddle.com) - Shares of Sunoco, Inc. (NYSE:SUN) are trading higher by +0.16% ahead of its quarterly earnings release. Sunoco, the energy company involved in logistics, retail and refining businesses is expected to release its quarterly results on January 2^nd.

Wall Street Analysts consensus calls for a loss of $-0.22 a share on $8.14 billion revenue.

Sunoco estimates have a range of $1.03 a share. The high estimate calls for profit of $0.39 a share and the low estimate is calling for a loss of $-0.64 a share, a year ago for the quarter the company reported $0.11 a share.

Sunoco, Inc. (NYSE:SUN) is a petroleum refiner and marketer and chemicals manufacturer with interests in logistics and cokemaking. The Company's petroleum products include fuels, lubricants, and petrochemicals. Sunoco's operations are conducted principally in the eastern half of the United States while its coke making operations are in Virginia, Indiana, Ohio and Vitoria Brazil.