Par Pacific Q4 EPS Misses by 2.9%, Revenue Beats by 5.9%
Par Pacific Holdings reported Q4 adjusted EPS of $1.17, missing forecasts by 2.9%, while revenue rose to $1.81 billion, beating estimates by 5.9% but down from $1.83 billion a year ago. Shares have climbed 15.9% year-to-date, but Zacks' neutral ranking reflects mixed analyst estimate revisions for upcoming quarters.
1. Fourth Quarter Financial Results
Par Pacific reported Q4 adjusted EPS of $1.17, missing consensus estimates by 2.9% and contrasting with a $0.79 loss a year earlier. Revenue reached $1.81 billion, surpassing forecasts by 5.9% but slightly under the prior-year figure of $1.83 billion.
2. Year-to-Date Performance and Past Surprises
The stock has rallied 15.9% year-to-date, outpacing a 0.1% decline in the S&P 500. Over the past four quarters, the company delivered two EPS surprises and topped revenue estimates in all four periods, including a 200.5% EPS surprise last quarter.
3. Outlook and Analyst Rankings
Zacks assigns a neutral ranking based on mixed earnings estimate revisions, with consensus projecting $0.73 EPS on $1.6 billion revenue next quarter and $5.28 EPS on $6.67 billion for the fiscal year. The Oil and Gas – Refining and Marketing industry remains in the bottom decile of Zacks-ranked sectors, signaling sector headwinds.