Sunoco Inc. Third Quarter Earnings on Deck

S&P 500 (NYSE:SPY) component Sunoco, Inc. (NYSE:SUN) will unveil its latest earnings on Thursday, November 3, 2011. 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 profit of 60 cents per share, a rise of more than twofold from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 75 cents. Between one and three months ago, the average estimate moved up. It has dropped from 79 cents during the last month. Analysts are projecting profit to rise by 88.3% versus last year to 21 cents.

Past Earnings Performance: The company is hoping to beat estimates after missing the mark for two straight quarters. Last quarter, it reported net income of 40 cents per share against an estimate of profit of 49 cents per share. The quarter before that, it missed forecasts by 96 cents.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Wall St. Revenue Expectations: Analysts are projecting a decline of 9.1% in revenue from the year-earlier quarter to $8.62 billion.

Analyst Ratings: Analysts seem relatively indifferent about Sunoco with seven of 12 analysts surveyed maintaining a hold rating.

A Look Back: In the second quarter, the company swung to a loss of $125 million ($1.03 a share) from a profit of $145 million ($1.20) a year earlier, missing analyst expectations. Revenue rose 25.3% to $12 billion from $9.57 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 29.9% in the first quarter from the year earlier, climbed 14.1% in the fourth quarter of the last fiscal year from the year-ago quarter and 7.9% in the third quarter of the last fiscal year.

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 September 30, 2011 to October 28, 2011, the stock price had risen $8.32 (26.8%) from $31.01 to $39.33. The stock price saw one of its best stretches over the last year between January 20, 2011 and January 28, 2011 when shares rose for seven-straight days, rising 7.1% (+$2.85) 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% (-$12.77) over that span. Shares are down 49 cents (-1.2%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.