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SUN - Sunoco LP EPS beats by $0.80 beats on revenue; issues full year guidance
Sunoco LP representing limited partner interests
Sunoco LP (NYSE:SUN): Q2 GAAP EPS of $1.73 beats by $0.80. Revenue of $4.39B (+111.1% Y/Y) beats by $360M. The company expects full-year 2021 adjusted EBITDA of $725 to $765M. SUN expects 2021 fuel volumes of 7.25 to 7.75 billion gallons, fuel margins of 11.0 to 12.0 cents per gallon, and operating expenses of $440 to $450 million. Press Release