Investing.com - Suncor Energy Inc reported second quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of C$0.8 on revenue of C$10.25B. Analysts polled by Investing.com anticipated EPS of C$0.87 on revenue of C$10.03B. That compared to EPS of C$0.73 on revenue of C$10.43B in the same period a year earlier. The company had reported EPS of C$0.77 on revenue of C$9.4B in the previous quarter.
For the year, Suncor Energy Inc shares are up 5.17%, under-performing the S&P/TSX which is up 17.28% year to date.
Suncor Energy Inc follows other major Energy sector earnings this month
On Monday, PrairieSky Royalty reported second quarter EPS of C$0.19 on revenue of C$69.3M (NYSE:MMM), compared to forecasts of EPS of C$0.09 on revenue of C$82.4M.
Kinder Morgan Canada earnings matched analyst's expectations on Wednesday, July 17, 2019, with second quarter EPS of C$0.13 on revenue of C$104.9M. Investing.com analysts expected EPS of C$0.13 on revenue of C$96.63M
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