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  5. SU: How did they do this 1/4 ? [Suncor Energy Inc.]
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Q: How did they do this 1/4 ? Thanks.
Asked by Paul on August 15, 2023
5i Research Answer:

EPS of 96c beat estimates of 93.5c; revenue of $11.71B beat estimates of $11.03B. EPS did fall year over year on lower pricing. Cash flow was $2.8B, down 34% and short of $3.18B estimates. Production did rise 3% to 741.900 b/d. Guidance was maintained and the quarter looks fine to us considering sector influences (pricing/inflation). 

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