HF Sinclair Corp (DINO) announced a profit for second quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $151.79 million, or $0.79 per share. This compares with $507.66 million, or $2.62 per share, in last year's second quarter.
Excluding items, HF Sinclair Corp reported adjusted earnings of $151.01 million or $0.78 per share for the period.
Analysts on average had expected the company to earn $0.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.2% to $7.846 billion from $7.834 billion last year.
HF Sinclair Corp earnings at a glance (GAAP) :
-Earnings (Q2): $151.79 Mln. vs. $507.66 Mln. last year.
-EPS (Q2): $0.79 vs. $2.62 last year.
-Revenue (Q2): $7.846 Bln vs. $7.834 Bln last year.
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