PBF Energy: Q1 Earnings Insights

PBF Energy 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.

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.

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.

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