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Sunoco LP (SUN) Rises As Market Takes a Dip: Key Facts

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Sunoco LP (SUN - Free Report) closed at $76.59 in the latest trading session, marking a +1.4% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.02% for the day. Meanwhile, the Dow lost 0.35%, and the Nasdaq, a tech-heavy index, lost 0.15%.

The master limited partnership's shares have seen an increase of 0% over the last month, not keeping up with the Oils-Energy sector's gain of 3.04% and the S&P 500's gain of 2.05%.

The investment community will be paying close attention to the earnings performance of Sunoco LP in its upcoming release. The company is slated to reveal its earnings on November 3, 2026. The company is forecasted to report an EPS of $2.96, showcasing a 362.5% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $12.14 billion, indicating a 101.28% upward movement from the same quarter last year.

SUN's full-year Zacks Consensus Estimates are calling for earnings of $9.58 per share and revenue of $46.26 billion. These results would represent year-over-year changes of +320.18% and +83.57%, respectively.

It's also important for investors to be aware of any recent modifications to analyst estimates for Sunoco LP. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, Sunoco LP boasts a Zacks Rank of #3 (Hold).

The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 69, putting it in the top 29% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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