HF Sinclair Q3 2024 Adj. EPS $0.51 Beats $0.32 Estimate, Sales $7.207B Beat $6.833B Estimate
Portfolio Pulse from Benzinga Newsdesk
HF Sinclair reported Q3 2024 earnings per share of $0.51, surpassing the analyst estimate of $0.32. The company's sales were $7.207 billion, exceeding the expected $6.833 billion, despite a 19.07% decrease from the previous year.
October 31, 2024 | 10:31 am
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HF Sinclair's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $0.51 and sales at $7.207 billion. However, sales decreased by 19.07% compared to the previous year.
The positive earnings surprise and sales beat are likely to boost investor confidence in the short term, despite the year-over-year sales decline. The significant EPS beat suggests strong operational performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100