Benzinga | Jul 31, 2020 06:41AM EDT

PBF Energy Q2 Adj. EPS $(3.19) Misses $(2.98) Estimate, Sales $2.52B Miss $3.28B Estimate

PBF Energy (NYSE:PBF) reported quarterly losses of $(3.19) per share which missed the analyst consensus estimate of $(2.98) by 7.05 percent. This is a 484.34 percent decrease over earnings of $0.83 per share from the same period last year. The company reported quarterly sales of $2.52 billion which missed the analyst consensus estimate of $3.28 billion by 23.29 percent. This is a 61.65 percent decrease over sales of $6.56 billion the same period last year.