Holly Energy Partners Q3 Adj. EPS $0.53 Beats $0.51 Estimate, Sales $158.36M Beat $155.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
Holly Energy Partners (NYSE:HEP) reported Q3 adjusted earnings of $0.53 per share, beating the analyst consensus estimate of $0.51 by 3.92%. This is an 8.16% increase from the same period last year. The company also reported quarterly sales of $158.36 million, beating the analyst consensus estimate of $155.98 million by 1.53%, a 6.28% increase from the same period last year.
November 02, 2023 | 10:33 am
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POSITIVE IMPACT
Holly Energy Partners reported better than expected Q3 earnings and sales, which could positively impact its stock price in the short term.
Holly Energy Partners reported Q3 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100