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Pbf Energy Reports $292.6 Million Quarterly Loss
By USinMinutes - Feb 13, 2025, 06:45 AM ET
Last Updated - Feb 13, 2025, 06:48 AM EST
The company records $7.4 billion revenue for Q4 ended Dec 31, 2024
PBF Energy Inc. [PBF] reported $292.6 million loss for Q4 ended Dec 31, 2024, showing a decrease of $241.1 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 13, 2025 that it generated revenue of $7.4 billion for the period, showing a decrease of $1.8 billion in the same quarter of the previous year.
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Based in Parsippany, New Jersey, the company reported $2.5 earnings per share for the period, compared to $0.4 in the last quarter.
The company's loss increased by 451.87% from $53.4 million in the last quarter.
The revenue decreased 19.57% from $9.1 billion in the same quarter of the previous year.
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