CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Suncor Energy Inc. (SU) on Tuesday reported fourth-quarter earnings of $2.02 billion.
The Calgary, Alberta-based company said it had profit of $1.50 per share. Earnings, adjusted for non-recurring gains, were $1.33 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.
The energy company posted revenue of $10.21 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $9.65 billion.
For the year, the company reported profit of $6.98 billion, or $5.02 per share. Revenue was reported as $44.97 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a SU">Zacks stock report on SU at https://www.zacks.com/ap/SU