PBF Energy(PBF) ZACKS·2025-02-13 13:40Group 1: Earnings Performance - PBF Energy reported a quarterly loss of $2.82 per share, which was worse than the Zacks Consensus Estimate of a loss of $2.68, and compared to a loss of $0.41 per share a year ago, indicating a significant decline [1] - The company posted revenues of $7.35 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.46%, but down from $9.14 billion year-over-year [2] - Over the last four quarters, PBF Energy has surpassed consensus EPS estimates only once, while it has topped consensus revenue estimates four times [2] Group 2: Stock Outlook - The immediate price movement of PBF Energy's stock will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - PBF Energy shares have gained about 0.2% since the beginning of the year, underperforming the S&P 500's gain of 2.9% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.99 on revenues of $7.71 billion, and -$0.69 on revenues of $31.86 billion for the current fiscal year [7] Group 3: Industry Context - The Oil and Gas - Refining and Marketing industry, to which PBF Energy belongs, is currently ranked in the bottom 20% of over 250 Zacks industries, which may negatively impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that investors should monitor these revisions closely [5][6]