PBF Energy (PBF) Reports Q1 Loss, Tops Revenue Estimates

PBF Energy (PBF) came out with a quarterly loss of $3.09 per share versus the Zacks Consensus Estimate of a loss of$ 3.50. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.71%. A quarter ago, it was expected that this refiner would post a loss of$ 2.68 per share when it actually produced a loss of $2.82, delivering a surprise of -5.22%.Over the last four quarters, the company has surpassed ...