PBF Energy: Q2 Earnings Snapshot

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PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — PBF Energy Inc. (PBF) on Thursday reported a loss of $65.2 million in its second quarter.

The Parsippany, New Jersey-based company said it had a loss of 56 cents per share.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share.

The refiner posted revenue of $8.74 billion in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $8.72 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBF at https://www.zacks.com/ap/PBF

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