SU Earnings

SU reported its earnings on 2026-05-05, showcasing a revenue of 10.69B against an estimate of 8.94B, resulting in a 19.57% surprise. The EPS was 1.41, surpassing the expected 1.45 by -2.76%. The stock experienced a -7.65% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following SU's earnings announcement on 2026-05-05, the stock price moved by -7.65% on the day of the release. Over the subsequent five days, it saw a 0% change. Historically, SU's stock price tends to shift by an average of -1.22% in the 10 days leading up to earnings and 3.6% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate SU's annual revenue to reach 12.22B, while the EPS is projected at 1.02. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between SU's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, SU's stock price typically moves by -1.22% in the 10 days before its earnings and 3.6% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of 1.02 and revenue of 12.22B.

The earnings call summary highlights strong financial performance, with revenue, operating cash flow, net earnings, and production volume all showing year-over-year increases. Additionally, Suncor's achievement of a WTI breakeven in the low $40s and its financial resilience with low net debt further bolster the positive outlook. Although there were no discussions on strategic initiatives or return plans, the financial metrics and operational excellence suggest a positive sentiment, likely leading to a stock price increase in the range of 2% to 8% over the next two weeks.