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

• Par Pacific Holdings Inc PARR.N reported quarterly adjusted earnings of $5.95​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of eight analysts for the quarter was for earnings of $1.90 per share. Wall Street expected results to range from $1.40 to $2.06 per share.

• Revenue fell 6.1% to $2.01 billion from a year ago; analysts expected $1.76 billion.

• Par Pacific Holdings Inc's reported EPS for the quarter was $5.16​.

• The company reported quarterly net income of $262.63 million.

• Par Pacific Holdings Inc shares had risen by 14.4% this quarter and gained 147.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 41.9% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 "buy"

• Wall Street's median 12-month price target for Par Pacific Holdings Inc is $40.00, about 1.3% below its last closing price of $40.53

This summary was machine generated from LSEG data November 5 at 06:34 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)