SUN - Sunoco Exceeds Q3 Estimates Thanks To Higher Fuel Sold | Benzinga
Sunoco LP (NYSE: SUN) reported third-quarter FY23 revenues of $6.32 billion, which exceeded the consensus of $5.54 billion.
The partnership sold 2.1 billion gallons of fuel (+7% Y/Y), with the fuel margin for all gallons sold coming in at 13.0 cents per gallon (vs 13.9 cents per gallon in the prior year quarter).
Adjusted EBITDA declined to $257 million from $276 million a year ago.
EPS ...