HF Sinclair Q2 2024 Adj. EPS $0.78 Beats $0.71 Estimate, Sales $7.845B Beat $7.649B Estimate
Portfolio Pulse from Benzinga Newsdesk
HF Sinclair (NYSE:DINO) reported Q2 2024 adjusted EPS of $0.78, beating the $0.71 estimate. Sales were $7.845 billion, surpassing the $7.649 billion estimate. However, EPS decreased by 70% year-over-year.
August 01, 2024 | 10:31 am
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HF Sinclair's Q2 2024 earnings per share of $0.78 beat estimates but were down 70% year-over-year. Sales of $7.845 billion also exceeded expectations.
While HF Sinclair beat both EPS and sales estimates, the significant year-over-year decline in EPS may concern investors. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100