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Sunoco LP Posts Q3 Loss Per Unit, Revenue Declines

November 06, 2024 — 07:37 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - Sunoco LP (SUN), energy infrastructure and fuel distribution master limited partnership, Wednesday reported net income of $2 million for the third quarter, lower than $272 million in the same period a year ago.

The company posted loss per unit of $0.26 compared with earnings of $2.95 last year. On average, 7 analysts were expecting earnings of $1.36 per unit.

Revenue for the quarter declined to $5.751 billion from $6.320 billion in the previous year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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