Par Pacific (PARR) Tops Q4 EPS by 23c

Par Pacific (NYSE: PARR) reported Q4 EPS of $0.30, $0.23 better than the analyst estimate of $0.07. Revenue for the quarter came in at $563.14 million versus the consensus estimate of $574.67 million.

Par Pacific reported net income of $13.7 million, or $0.30 per diluted share, for the fourth quarter ended December 31, 2016, compared to a net loss of $66.8 million, or $(1.72) per diluted share, for the same quarter in 2015. Fourth quarter 2016 Adjusted EBITDA was $36.5 million, compared to Adjusted EBITDA of $22.8 million in the fourth quarter of 2015. A reconciliation of reported non-GAAP financial measures to their most directly comparable GAAP financial measures can be found in the tables accompanying this news release.

For earnings history and earnings-related data on Par Pacific (PARR) click here.

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