HollyFrontier (HFC) Tops Q1 EPS by 11c, Revenues Beat

HollyFrontier (NYSE: HFC) reported Q1 EPS of $0.54, $0.11 better than the analyst estimate of $0.43. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.31 billion.

HollyFrontier’s President & CEO, George Damiris, commented, “HollyFrontier posted a solid first quarter despite seasonally weak product cracks and maintenance at our Tulsa and El Dorado refineries. We continue our long term efforts to improve reliability across our refining system. With a rebound in the gasoline market and no major planned downtime until September, we are well positioned for strong financial performance heading into the summer driving season.”

For earnings history and earnings-related data on HollyFrontier (HFC) click here.

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