Sunoco Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Sunoco, Inc. (NYSE:SUN) will unveil its latest earnings on Thursday, February 2, 2012. Sunoco, through its subsidiaries, is a petroleum refiner and marketer and chemicals manufacturer.

Sunoco, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 28 cents per share, a swing from profit of 11 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 27 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 3 cents during the last month. For the year, analysts are projecting a loss of 40 cents per share, a swing from net income of $1.79 last year.

Past Earnings Performance: The company showed profit of 57 cents per share versus a mean estimate of net income of last quarter. This marks the fourth month of falling short of estimates.

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Wall St. Revenue Expectations: On average, analysts predict $8.14 billion in revenue this quarter, a decline of 20.4% from the year ago quarter. Analysts are forecasting total revenue of $45.64 billion for the year, a rise of 21.7% from last year’s revenue of $37.49 billion.

Analyst Ratings: Analysts seem relatively indifferent about Sunoco with six of 10 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, the company swung to a loss of $1.1 billion ($9.62 a share) from a profit of $65 million (54 cents) a year earlier, missing analyst expectations. Revenue rose 30.4% to $12.15 billion from $9.32 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 24.9%, with the biggest boost coming in the most recent quarter when revenue rose 30.4% from the year earlier quarter.

Competitors to Watch: Valero Energy Corporation (NYSE:VLO), Western Refining, Inc. (NYSE:WNR), Alon USA Energy, Inc. (NYSE:ALJ), Holly Corporation (NYSE:HOC), Tesoro Corporation (NYSE:TSO), Delek US Holdings, Inc. (NYSE:DK), Calumet Specialty Products Partners, L.P (NASDAQ:CLMT), Murphy Oil Corporation (NYSE:MUR), CVR Energy, Inc. (NYSE:CVI), and Frontier Oil Corporation (NYSE:FTO).

Stock Price Performance: During December 28, 2011 to January 27, 2012, the stock price had dropped $2.06 (-5.1%) from $40.43 to $38.37. The stock price saw one of its best stretches over the last year between November 21, 2011 and November 30, 2011 when shares rose for seven-straight days, rising 9.2% (+$3.27) over that span. It saw one of its worst periods between July 21, 2011 and August 8, 2011 when shares fell for 13-straight days, falling 29.9% (-$12.72) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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