PBF Energy (PBF) Reports Q3 Loss, Tops Revenue Estimates

PBF Energy (PBF) came out with a quarterly loss of $1.50 per share versus the Zacks Consensus Estimate of a loss of $1.40. This compares to earnings of $6.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.14%. A quarter ago, it was expected that this refiner would post a loss of $0.25 per share when it actually produced a loss of $0.56, delivering a surprise of -124%.Over the last four quarters, the company has surpassed c ...