HF Sinclair Q2 EPS $2.60 Beats $2.27 Estimate, Sales $7.83B Beat $7.38B Estimate
Portfolio Pulse from Benzinga Newsdesk
HF Sinclair (NYSE:DINO) reported Q2 earnings of $2.60 per share, beating the analyst consensus estimate of $2.27 by 14.54%. However, this is a 53.49% decrease from the same period last year. The company also reported quarterly sales of $7.83 billion, surpassing the analyst consensus estimate of $7.38 billion by 6.15%, but this is a 29.82% decrease from the same period last year.
August 04, 2023 | 12:49 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
HF Sinclair's Q2 earnings and sales beat estimates but are significantly lower than the same period last year. This mixed result could lead to uncertainty in the market.
While HF Sinclair beat analyst estimates for Q2, the significant year-on-year decreases in both earnings per share and sales could lead to uncertainty among investors. This could potentially impact the stock price in the short term, but the direction is unclear.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100