Valero (VLO) Beats on Q4 & Full Year Earnings, Revenues
Valero Energy Corporation ( VLO ) posted adjusted fourth-quarter 2014 income of $1.83 per share, surpassing the Zacks Consensus Estimate of $1.21 by 51.2%. The quarterly earnings also compare favorably with the year-ago adjusted earnings of $1.78 per share. The growth was mainly backed by higher refining throughput margins and lower refining operating expenses. […]