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Earnings roundup: Q3 tough for Valero Energy, Boeing, Southwest

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This week’s roundup of recent quarterly financial reports includes San Antonio-based Valero Energy as well as Boeing and Southwest Airlines.

Welcome back to Earnings Roundup, SA Inc’s weekly summary of the latest quarterly financial reports from companies of local interest. Look for it online every Monday during quarterly and annual earnings reporting periods. This week’s roundup of reports includes San Antonio-based Valero Energy Corp. as well as companies of local interest such as Boeing Co., the largest employer at Port San Antonio and one of the largest in the city, and Southwest Airlines Co.

16 billion was up 10%, it fell short of analysts’ forecasts of $9.28 billion. Net income: $1.19 billion vs. $1.12 billion Revenue: $9.16 billion vs. $8.31 billion Quotable: “SLB delivered strong third-quarter results … achieved by our ongoing focus on cost optimization, greater adoption of our digital products and solutions, and the contribution of long-cycle projects in deep water and gas.

 

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