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

January 5, 2012 7:35 AM EST
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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Guidance, Hot Guidance

Related Entities

Crude Oil