PBF Energy Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
02-13
<a href="https://laohu8.com/S/PBF">PBF Energy</a> Inc reports results for the quarter ended December 31 - Earnings Summary
  • PBF Energy Inc PBF.N reported a quarterly adjusted loss of $2.82​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -41 cents. The mean expectation of fifteen analysts for the quarter was for a loss of $2.81 per share. Wall Street expected results to range from $-3.26 to $-2.24 per share.

  • Revenue fell 19.6% to $7.35 billion from a year ago; analysts expected $7.43 billion.

  • PBF Energy Inc's reported EPS for the quarter was a loss of $2.54​.

  • The company reported a quarterly loss of $289.3 million.

  • PBF Energy Inc shares had risen by 0.2% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 59.4% in the last three months.​

  • In the last 30 days, eight analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 11 "hold" and 4 "sell" or "strong sell."

  • The average consensus recommendation for the oil & gas refining and marketing peer group is also "hold"

Wall Street's median 12-month price target for PBF Energy Inc is $30.00

This summary was machine generated from LSEG data February 13 at 02:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-2.81

-2.82

Missed

Sep. 30 2024

-1.41

-1.50

Missed

Jun. 30 2024

-0.15

-0.54

Missed

Mar. 31 2024

0.66

0.85

Beat

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