HollyFrontier (HFC) Misses Q4 EPS by 2c, Revenues Beat

HollyFrontier (NYSE: HFC) reported Q4 EPS of ($0.73), $0.02 worse than the analyst estimate of ($0.71). Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.46 billion.

HollyFrontier’s President & CEO, Michael Jennings, commented, “Despite the challenging environment, HollyFrontier preserved our industry-leading balance sheet thanks to a resilient set of results led by HEP and our Lubricants businesses. Looking forward, we expect demand for transportation fuels will strengthen as COVID-19 vaccines are distributed and the global economy recovers from the pandemic. Our focus for 2021 is on operating safely and reliably while executing our ambitious capital and turnaround plans.”

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

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