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Stock impact report

PBF Energy Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]

PBF Energy Inc. Class A (PBF) 
Last pbf energy inc. class a earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.pbfenergy.com
Company Research Source: Yahoo! Finance
It was overall a positive result, with revenues beating expectations by 3.8% to hit US$8.6b. PBF Energy also reported a statutory profit of US$0.86, which was an impressive 31% above what the analysts had forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. View our latest analysis for PBF Energy Taking into account the latest results, the eleven analysts covering PBF Energy provided consensus estimates of US$32.2b revenue in 2024, which would reflect a definite 15% decline over the past 12 months. Statutory earnings per share are expected to plummet 59% to US$6.48 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$36.0b and earnings per Show less Read more
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