HF Sinclair Q4 2023 Adj EPS $0.87 Beats $0.72 Estimate, Sales $7.66B Miss $8.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
HF Sinclair (NYSE:DINO) reported Q4 2023 adjusted EPS of $0.87, surpassing the $0.72 estimate, but its sales of $7.66B fell short of the $8.05B estimate, marking a 14.75% decrease from the previous year.
February 21, 2024 | 11:31 am
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HF Sinclair reported higher-than-expected Q4 2023 EPS but missed sales estimates, with a significant year-over-year decrease.
While HF Sinclair's EPS beat may positively impact investor sentiment, the miss on sales estimates and the significant year-over-year decrease could temper any potential stock price gains. The mixed results present a neutral outlook in the short term.
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