PBF Energy: Q3 Earnings Snapshot
PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — PBF Energy Inc. (PBF) on Thursday reported third-quarter earnings of $786.4 million.
The Parsippany, New Jersey-based company said it had profit of $6.11 per share. Earnings, adjusted for non-recurring costs, were $6.61 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $4.86 per share.
The refiner posted revenue of $10.73 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $9.84 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBF at https://www.zacks.com/ap/PBF