PBF Energy (NYSE:PBF) Full Year 2024 Results

Key Financial Results

• Revenue: US$33.1b (down 14% from FY 2023).
• Net loss: US$533.8m (down by 125% from US$2.14b profit in FY 2023).
• US$4.59 loss per share (down from US$17.13 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

PBF Energy EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%.

Looking ahead, revenue is expected to decline by 2.0% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the US are expected to grow by 4.4%.

Performance of the American Oil and Gas industry.

The company's shares are down 17% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for PBF Energy that you need to be mindful of.

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