PBF Energy (NYSE:PBF) reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
PBF Energy beat estimated earnings by 6.98%, reporting an EPS of $2.76 versus an estimate of $2.58.
Revenue was up $153.30 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.57 which was followed by a 6.9% drop in the share price the next day.
Here’s a look at PBF Energy’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 4.98 | 6.23 | 5.89 | 0.26 |
| EPS Actual | 4.41 | 7.96 | 10.58 | 0.35 |
| Revenue Estimate | 9.62B | 10.11B | 10.42B | 8.24B |
| Revenue Actual | 10.85B | 12.77B | 14.08B | 9.14B |
To track all earnings releases for PBF Energy visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
