Earnings Outlook For PBF Energy
Portfolio Pulse from Benzinga Insights
PBF Energy (NYSE:PBF) is scheduled to release its quarterly earnings report on February 15, 2024, with an expected EPS of $0.08. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions in stock price following past earnings reports, with the last quarter's beat resulting in a 3.06% drop. Shares have risen 16.58% over the last year, indicating a generally positive outlook from long-term shareholders.
February 14, 2024 | 4:01 pm
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PBF Energy is expected to report an EPS of $0.08 for the latest quarter with a focus on surpassing estimates and providing positive future guidance. Historical performance shows mixed stock price reactions post-earnings, with a notable 16.58% increase in share price over the last year.
Given the anticipation of beating the EPS estimate and the historical positive year-over-year share price increase, there's a positive sentiment towards PBF Energy's stock. However, the mixed reactions to past earnings reports introduce some uncertainty, hence the confidence score is not at the maximum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100