Suncor Energy Inc (Canada) reports results for the quarter ended June 30 - Earnings Summary
Suncor Energy Inc (Canada) reports results for the quarter ended June 30 - Earnings Summary
Suncor Energy Inc (Canada) SU.TO reported quarterly adjusted earnings of C$3.23 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 71 cents. The mean expectation of twelve analysts for the quarter was for earnings of C$3.07 per share. Wall Street expected results to range from C$2.68 to C$3.84 per share.
Revenue rose 45.9% to C$17.50 billion from a year ago; analysts expected C$16.12 billion.
Suncor Energy Inc (Canada)'s reported EPS for the quarter was C$3.17.
The company reported quarterly net income of C$3.73 billion.
Suncor Energy Inc (Canada) shares had risen by 23.4% this quarter and gained 54.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.6% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is also "buy"
Wall Street's median 12-month price target for Suncor Energy Inc (Canada) is C$103.00, about 11.9% above its last closing price of C$90.79
This summary was machine generated from LSEG data August 5 at 12:01 a.m. UTC. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 4.48 | 4.80 | Beat |
Mar. 31 2026 | 2.95 | 2.05 | Missed |
Dec. 31 2025 | 2.58 | 3.26 | Beat |
Sep. 30 2025 | 2.56 | 3.12 | Beat |
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