PBF Logistics (NYSE: PBFX) reported Q2 EPS of $0.39, $0.06 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $67.4 million versus the consensus estimate of $70.38 million.

"Our base business remains strong and our growing asset base is performing well. On July 31, we completed the drop-down transaction with PBF Energy as announced in April, and earlier in July we announced the agreement to acquire the East Coast Storage Assets," said PBF Logistics GP LLC Executive Vice President Matt Lucey. "Our active business development efforts have generated these accretive transactions and we see additional attractive opportunities to continue the growth of the Partnership and, ultimately, reward our unitholders."

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