Earnings Outlook for PBF Energy

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On Friday, July 31, PBF Energy PBF will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Analysts covering PBF Energy have modeled for quarterly EPS loss of $2.98 on revenue of $3.28 billion. In the same quarter last year, PBF Energy announced EPS of $0.83 on revenue of $6.56 billion. If the company were to match the consensus estimate when it reports Friday, sales would be down 40.9% from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -1.04 0.51 0.63 0.89
EPS Actual -1.19 0.60 0.66 0.83
Revenue Estimate 5.55 B 5.93 B 6.29 B 6.18 B
Revenue Actual 5.28 B 6.30 B 6.43 B 6.56 B

Stock Performance

Over the last 52-week period, shares are down 66.35%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.

Considering these returns, shareholders will likely be feeling neutral going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. PBF Energy is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://services.choruscall.com/links/pbf200731H7d5pwL8.html

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