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HollyFrontier Corporation Q1 adjusted earnings Miss Estimates

HollyFrontier Corporation Q1 adjusted earnings Miss Estimates
WASHINGTON (dpa-AFX) - Below are the earnings highlights for HollyFrontier Corporation (HFC):
-Earnings: $148.22 million in Q1 vs. -$304.62 million in the same period last year.
-EPS: $0.35 in Q1 vs. $0.35 in the same period last year.
-Excluding items, HollyFrontier Corporation reported adjusted earnings of -$85.29 million or -$0.53 per share for the period.
-Analysts projected -$0.45 per share
-Revenue: $3.5 billion in Q1 vs. $3.4 billion in the same period last year.
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© 2021 AFX News ....

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HollyFrontier Corporation Q4 adjusted earnings Miss Estimates

HollyFrontier Corporation Q4 adjusted earnings Miss Estimates
WASHINGTON (dpa-AFX) - Below are the earnings highlights for HollyFrontier Corporation (HFC):
-Earnings: -$117.75 million in Q4 vs. $60.61 million in the same period last year.
-EPS: -$0.73 in Q4 vs. $0.37 in the same period last year.
-Excluding items, HollyFrontier Corporation reported adjusted earnings of -$118.62 million or -$0.74 per share for the period.
-Analysts projected -$0.71 per share
-Revenue: $2.90 billion in Q4 vs. $4.38 billion in the same period last year.
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© 2021 AFX News ....

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Dow Jones Industrial Average Slipped but the Market Is Upbeat on More Stimulus

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The three major U.S. stock indexes closed with nominal losses. Investors, however, remain upbeat about the trajectory of the economy, based on the strength in value and small-cap stocks.
The three major U.S. stock indexes were mixed Thursday, but beneath the surface, there was strength in the market.
The
S&P 500
slid 14.30 points, or 0.38%, to end at 3,795.54, and the
Nasdaq Composite
fell 16.31 points, or 0.12%, to close at 13,112.64. The biggest gainer in the S&P 500 was petroleum refiner
HollyFrontier
(ticker: HFC), with an 11% stock surge.
President-elect Joe Biden is expected to speak in the evening in detail about fiscal stimulus. Trillions of dollars of fiscal stimulus have already shored up consumers’ savings, and a few trillion dollars more would add to the pent-up demand that could be unleashed when Covid-19 vaccines are widely distributed. ....

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