HollyFrontier (HFC) Misses Q1 EPS by 17c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/1/2026
- Dow futures hit three-month low as yields surge, Micron earnings offer support
- Equity positioning stays overweight, but summer extremes have eased: Barclays
- Oil prices rise by about $1/bbl on stalled US-Iran talks and tight fuel markets
- Micron reports Q4 today: Why Lynx Equity sees massive upside
- Moderna: Citi says oncology optimism is priced in, cuts rating to sell
- Zimbabwe helicopter crash kills six, government spokesperson says
- Apple's iOS 27 is blocking Trade Desk ads on Safari, analyst says
- S&P 500 dips, Nasdaq higher after data shows moderate inflation rise
- Mattel names Roger Lynch as chairman and CEO, replacing Ynon Kreiz
- Micron Technology (MU) Tops Q4 EPS by $2.26, Offers Guidance
HollyFrontier Corporation Reports Quarterly Net Income
May 4, 2016 6:30 AM EDTDALLAS--(BUSINESS WIRE)-- HollyFrontier Corporation (NYSE: HFC) (HollyFrontier or the Company) today reported first quarter net income attributable to HollyFrontier stockholders of $21.3 million or $0.12 per diluted share for the quarter ended March 31, 2016, compared to $226.9 million or $1.16 per diluted share for the quarter ended March 31, 2015. Included in the current quarter results was a non-cash inventory valuation adjustment that increased after-tax earnings by $37.0 million, or $0.21 per share.
For the first quarter, net income attributable to our stockholders, excluding the lower of cost or market inventory valuation adjustment, decreased by $238.0 million compared to the same period of 2015, principally... More
