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

Par Pacific Holdings

27/02/2024 23:40

* Par Pacific Holdings Inc  PARR.N  reported quarterly
adjusted
earnings of $3.15​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of $2.88.  The mean expectation of
six analysts for the quarter was for earnings of $3.11 per
share. Wall Street expected results to range from $2.97 
to $3.28 per share.
    * Revenue rose 25.4% to $2.58 billion from a year ago;
analysts
expected $2.28 billion. 
    * Par Pacific Holdings Inc's reported EPS for the quarter
was
$2.79​.
    * The company reported quarterly net income of $171.42
million.
    * Par Pacific Holdings Inc shares had risen by 11.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 $40.50 
This summary was machine generated from LSEG data February 27 at
11:39 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
 Sep. 30 2023      3.11           3.15           Beat
 Jun. 30 2023      1.21           1.73           Beat
 Mar. 31 2023      1.95           2.25           Beat
 Dec. 31 2022      1.90           2.20           Beat