Recap: HF Sinclair Q1 Earnings

HF Sinclair (NYSE:DINO) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:15 AM. Here’s what…

HF Sinclair (NYSE:DINO) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:15 AM.

Here’s what investors need to know about the announcement.

Earnings

HF Sinclair beat estimated earnings by 31.58%, reporting an EPS of $2.0 versus an estimate of $1.52.

Revenue was up $106.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.63 which was followed by a 5.61% drop in the share price the next day.

Here’s a look at HF Sinclair’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 3.60 4.12 4.57 0.14
EPS Actual 2.97 4.58 5.59 0.99
Revenue Estimate 8.56B 8.28B 9.38B 3.67B
Revenue Actual 8.98B 10.60B 11.16B 7.46B

To track all earnings releases for HF Sinclair visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Investor Optimism Declines As Nasdaq Snaps 7-Day Win Streak

The CNN Money Fear and Greed index showed a drop in the market sentiment. The Nasdaq Composite snapped a seven-day win streak on Wednesday as investors digested the retail sales data, which showed a decline of 1.1% month-over-month for December, higher than market expectations of a 1% drop. Producer prices for final demand in the US fell 0.5% month-over-month in December.

MSFT