Recap: Holly Energy Partners Q1 Earnings

Holly Energy Partners HEP reported its Q1 earnings results on Monday, May 9, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Holly Energy Partners beat estimated earnings by 15.38%, reporting an EPS of $0.45 versus an estimate of $0.39.

Revenue was down $6.99 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 2.45% drop in the share price the next day.

Here's a look at Holly Energy Partners's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.48	0.46	0.49	0.45
EPS Actual	0.43	0.46	0.48	0.48
Revenue Estimate	119.00M	127.33M	129.61M	123.38M
Revenue Actual	118.49M	122.58M	126.23M	127.18M

To track all earnings releases for Holly Energy Partners visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.