financetom
Business
financetom
/
Business
/
Par Pacific's Q1 Adjusted Earnings Fall, Revenue Increases
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Par Pacific's Q1 Adjusted Earnings Fall, Revenue Increases
May 7, 2024 2:27 AM

05:12 AM EDT, 05/07/2024 (MT Newswires) -- Par Pacific Holdings ( PARR ) reported Q1 adjusted earnings late Monday of $0.69 per diluted share, down from $2.25 a year earlier.

Analysts polled by Capital IQ expected $1.41.

Revenue for the quarter ended March 31 was $1.98 billion, up from $1.69 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.9 billion.

Shares of the company fell more than 4% in after-hours activity on Monday.

Price: 28.98, Change: -1.35, Percent Change: -4.45

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
ConnectM Technology Solutions Reviews $1.60 per Share Buyout Proposal From Major Investors
ConnectM Technology Solutions Reviews $1.60 per Share Buyout Proposal From Major Investors
Apr 3, 2025
08:46 AM EDT, 04/03/2025 (MT Newswires) -- ConnectM Technology Solutions ( CNTM ) said Thursday it is reviewing a non-binding offer from its three largest institutional investors, SriSid LLC, Arumilli LLC, and Win-Light Global Co. Ltd., to acquire the company for $1.60 per share, valuing it at $46.5 million. The company said it is seeking investment banking advice to assess...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
OPEC+ speeds up oil output hikes, oil drops
OPEC+ speeds up oil output hikes, oil drops
Apr 3, 2025
LONDON/MOSCOW, April 3 (Reuters) - Eight OPEC+ countries agreed on Thursday to advance their plan to phase out oil output cuts by increasing output by 411,000 barrels per day in May, an unexpected decision that prompted oil prices to extend earlier losses. Oil, which was already down over 4% on U.S. President Donald Trump's announcement of tariffs on trading partners,...
Sector Update: Consumer
Sector Update: Consumer
Apr 3, 2025
08:50 AM EDT, 04/03/2025 (MT Newswires) -- Consumer stocks declined premarket Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) was down 1.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) recently fell by 5.3%. Nike ( NKE ) shares were down more than 13%, a day after US President Donald Trump announced tariffs on several major apparel-exporting...
Copyright 2023-2026 - www.financetom.com All Rights Reserved