Par Pacific Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters11-05

* Par Pacific Holdings Inc reported a quarterly adjusted loss of 10 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $3.15. The mean expectation of seven analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -21 cents to 28 cents per share.

* Revenue fell 16.9% to $2.14 billion from a year ago; analysts expected $1.89 billion.

* Par Pacific Holdings Inc's reported EPS for the quarter was 13 cents​.

* The company reported quarterly net income of $7.49 million.

* Par Pacific Holdings Inc shares had fallen by 10.1% this quarter and lost 56.5% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 108.5% in the last three months.​

* In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and no "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 Par Pacific Holdings Inc is 22.00 This summary was machine generated from LSEG data November 5 at 07:43 a.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

Sep. 30 2024 -0.06 -0.10 Missed

Jun. 30 2024 0.17 0.49 Beat

Mar. 31 2024 0.90 0.69 Missed

Dec. 31 2023 1.06 1.08 Beat

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment