Investing.com - Sunoco LP reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sunoco LP announced earnings per share of $0.75 on revenue of $6.59B. Analysts polled by Investing.com anticipated EPS of $1.12 on revenue of $6.25B.
Sunoco LP shares are down 31% from the beginning of the year and are trading at $44.00 , down-from-52-week-high.
Sunoco LP shares gained 0.20% in pre-market trade the report.
Sunoco LP follows other major Energy sector earnings this month
Sunoco LP's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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