Tesoro (TSO) Issues Q4, FY12 Warning, Cites Several Factors

January 5, 2012 7:35 AM EST Send to a Friend
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Tesoro (NYSE: TSO) sees Q4 loss of 55-80 cents per share, compared to the Street estimate of 67 cents per share.

Sees FY12 EPS of $3.85-$4.10, vs. the consensus of $5.34.

The company cited "an extremely weak margin environment in California and the collapse of the West Texas Intermediate to Brent crude oil spread.


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