Suncor Energy Q4 Earnings & Sales Beat Estimates, Expenses Up 6%
Suncor Energy Inc. (SU) reported fourth-quarter 2024 adjusted operating earnings of 89 Canadian cents per share, which beat the Zacks Consensus Estimate of 82 Canadian cents. This outperformance can be attributed to strong production growth in its upstream segment. However, the bottom line declined from the year-ago quarter’s reported figure of 93 Canadian cents, due to lower adjusted operating earnings in the downstream segment and higher year-over-year expenses.Stay up-to-date with all quarterly releases: ...