PBF Energy Shares Rise After Reporting Q1 Adjusted Net Income, Revenue Above Analysts' Expectations-February 2024-www.financetom.com

PBF Energy Shares Rise After Reporting Q1 Adjusted Net Income, Revenue Above Analysts' Expectations

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

PBF Energy Shares Rise After Reporting Q1 Adjusted Net Income, Revenue Above Analysts' Expectations

May 2, 2024 8:20 AM

10:46 AM EDT, 05/02/2024 (MT Newswires) -- PBF Energy's ( PBF ) shares were gaining in recent Thursday trading after reporting Q1 adjusted net income and revenue above analysts' expectations.

PBF Energy ( PBF ) reported Q1 adjusted net income of $0.85 per diluted share, compared with $2.76 a year earlier.

Analysts polled by Capital IQ expected $0.66.

Revenue for the quarter ended March 31 was $8.65 billion, down from $9.3 billion a year earlier.

Analysts expected $8.33 billion.

The oil refinery company also declared a quarterly dividend of $0.25 per share Thursday, payable May 30 to shareholders of record on May 16.

Price: 52.82, Change: +0.63, Percent Change: +1.21

Previous page： Quaint Oak Bancorp swings to Q3 net loss Next page： Illumina Fiscal Q3 Non-GAAP Earnings Revenue Rise; 2025 EPS Guidance Raised

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.

Show More Comments

Related Articles >

Quaint Oak Bancorp swings to Q3 net loss

Oct 30, 2025

Overview * Quaint Oak reports Q3 net loss of $41,000, down from net income last year * Company's Q3 net interest margin improved to 2.77% * Non-interest income rose 44.5% quarter over quarter Outlook * Company anticipates new business line to provide lower-cost funding and additional income * Quaint Oak focuses on long-term growth through strategic investments * Company remains...

Illumina Fiscal Q3 Non-GAAP Earnings Revenue Rise; 2025 EPS Guidance Raised

Oct 30, 2025

05:16 PM EDT, 10/30/2025 (MT Newswires) -- Illumina ( ILMN ) reported fiscal Q3 non-GAAP earnings Thursday of $1.34 per diluted share, up from $1.14 a year earlier. Analysts polled by FactSet expected $1.17. Revenue in the three months ended Sept. 28 rose to $1.084 billion from $1.08 billion a year earlier. Analysts surveyed by FactSet expected $1.065 billion. The...

Lumen Technologies Q3 Loss Narrows, Revenue Falls; Shares Up After Hours

Oct 30, 2025

05:16 PM EDT, 10/30/2025 (MT Newswires) -- Lumen Technologies ( LUMN ) reported a Q3 non-GAAP net loss late Thursday of $0.20 per diluted share, narrowing from the $0.13 loss a year earlier. Analysts polled by FactSet expected a loss of $0.26. Revenue in the three months ended Sept. 30 fell to $3.09 billion from $3.22 billion a year earlier....

Toromont Industries Q3 Net Earnings Rise, Revenue Dips Slightly

Oct 30, 2025

05:15 PM EDT, 10/30/2025 (MT Newswires) -- Toromont Industries ( TMTNF ) , which operates through two segments, the equipment group, and CIMCO, Thursday after trade said Its third-quarter earnings rose while revenue dipped slightly. Net earnings rose 7% to $140.6 million, or $1.73 per share, from $131 million, or $1.60, in the prior-year period. Analysts polled by FactSet had...