Par Petroleum (PARR) Reports Q3 Loss, Tops Revenue Estimates
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Par Petroleum (PARR) reported a Q3 loss of $0.10 per share, which was better than the expected loss of $0.12 per share. However, this is a significant decline from the $3.15 earnings per share reported a year ago.
November 05, 2024 | 12:30 pm
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Par Petroleum reported a Q3 loss of $0.10 per share, better than the expected loss of $0.12, but a significant drop from last year's $3.15 EPS.
The better-than-expected loss may provide some short-term stability to the stock price, but the significant year-over-year decline in earnings could weigh on investor sentiment.
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