Recap: Par Pacific Hldgs Q1 Earnings

Par Pacific Hldgs (NYSE:PARR) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM. Here’s…

Par Pacific Hldgs (NYSE:PARR) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.

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

Earnings

Par Pacific Hldgs beat estimated earnings by 15.98%, reporting an EPS of $2.25 versus an estimate of $1.94.

Revenue was up $335.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.3 which was followed by a 3.37% increase in the share price the next day.

Here’s a look at Par Pacific Hldgs’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.9 1.96 1.96 -0.27
EPS Actual 2.2 2.88 3.31 -0.53
Revenue Estimate 1.58B 1.69B 1.83B 1.02B
Revenue Actual 1.81B 2.06B 2.11B 1.35B

To track all earnings releases for Par Pacific Hldgs visit their earnings calendar here.

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

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