CALGARY, Alberta (AP) – Suncor Vitality Inc. (SU) reported a lack of $ 128.9 million in its fourth quarter on Wednesday.
The Calgary, Alberta-based firm stated it had a lack of eight cents a share. Losses, adjusted for non-recurring prices, have been 7 cents per share.
The outcomes exceeded Wall Road expectations. The typical estimate of 4 analysts surveyed by Zacks Funding Analysis was a lack of 11 cents a share.
The vitality firm recorded revenues of $ 5,060 million within the interval.
For the 12 months, the corporate reported a lack of $ three.22 billion, or $ 2.11 per share, ranging to a loss for the interval. Income was reported as $ 18.7 billion.
Suncor Vitality shares have risen four% for the reason that starting of the 12 months. Within the closing minutes of buying and selling on Wednesday, the inventory hit $ 17.47, a 42% drop over the previous 12 months.
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