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

Par Pacific Holdings

08/08/2023 24:15

* Par Pacific Holdings Inc  PARR.N  reported quarterly
adjusted
earnings of $1.73​​ per share for the quarter ended in June. The
mean expectation of seven analysts for the quarter was
for earnings of $1.21 per share.
    * Revenue fell 15.3% to $1.78 billion from a year ago;
analysts
expected $1.61 billion. 
    * Par Pacific Holdings Inc's reported EPS for the quarter
was 49
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Par Pacific Holdings Inc shares had risen by 21.1% this
quarter and gained 38.6% so far this year.
    * The company reported quarterly net income of $30.01
million.
    * Wall Street's median 12-month price target for Par Pacific
Holdings Inc is $31.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 11:15 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.21           1.73           Beat
 Mar. 31 2023      1.95           2.25           Beat
 Dec. 31 2022      1.90           2.20           Beat
 Sep. 30 2022      2.00           2.88           Beat