$0.22 EPS Expected for Suncor Energy Inc. (USA) (SU)

July 18, 2017 - By Kurt Siggers

 $0.22 EPS Expected for Suncor Energy Inc. (USA) (SU)

Analysts await Suncor Energy Inc. (USA) (NYSE:SU) to report earnings on July, 26. They expect $0.22 earnings per share, up 178.57 % or $0.50 from last year’s $-0.28 per share. SU’s profit will be $372.64 million for 33.63 P/E if the $0.22 EPS becomes a reality. After $0.37 actual earnings per share reported by Suncor Energy Inc. (USA) for the previous quarter, Wall Street now forecasts -40.54 % negative EPS growth. The stock decreased 0.47% or $0.14 during the last trading session, reaching $29.59. About 2.96M shares traded. Suncor Energy Inc. (USA) (NYSE:SU) has risen 22.43% since July 18, 2016 and is uptrending. It has outperformed by 5.73% the S&P500.

Suncor Energy Inc. (USA) (NYSE:SU) Ratings Coverage

Among 13 analysts covering Suncor Energy Inc. (NYSE:SU), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Suncor Energy Inc. had 21 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Macquarie Research on Thursday, October 27. TD Securities downgraded the shares of SU in report on Wednesday, November 18 to “Hold” rating. The firm earned “Buy” rating on Friday, August 19 by Bank of America. The firm has “Overweight” rating given on Wednesday, November 2 by Morgan Stanley. The firm earned “Outperform” rating on Friday, December 16 by Wells Fargo. The firm has “Buy” rating given on Thursday, December 1 by Desjardins Securities. Citigroup downgraded the shares of SU in report on Wednesday, April 20 to “Neutral” rating. The firm earned “Outperform” rating on Friday, October 30 by National Bank Canada. On Thursday, June 23 the stock rating was upgraded by Citigroup to “Buy”. The rating was initiated by JP Morgan on Tuesday, March 22 with “Neutral”.

Suncor Energy Inc. is an integrated energy company. The company has market cap of $50.12 billion. The Firm is focused on developing Canada’s petroleum resource basin, Athabasca oil sands. It has a 41.64 P/E ratio. The Firm operates in three business divisions: Oil Sands, Exploration and Production (E&P), and Refining and Marketing.

More important recent Suncor Energy Inc. (USA) (NYSE:SU) news were published by: Fool.ca which released: “Should You Buy Suncor Energy Inc. or Cenovus Energy Inc.?” on June 27, 2017, also Fool.ca published article titled: “Should You Buy Suncor Energy Inc. or Crescent Point Energy Corp. Today?”, Fool.ca published: “Imperial Oil Ltd. & Suncor Energy Inc.: 2 Names That Should Outperform With …” on July 05, 2017. More interesting news about Suncor Energy Inc. (USA) (NYSE:SU) was released by: Fool.ca and their article: “Is Suncor Energy Inc. Still a Safe Contrarian Play?” with publication date: June 29, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.