DALLAS (AP) — DALLAS (AP) — HF Sinclair Corporation (DINO) on Friday reported first-quarter profit of $648 million.
The Dallas-based company said it had profit of $3.56 per share. Earnings, adjusted for non-recurring gains, were 69 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.
The independent energy company posted revenue of $7.12 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $6.61 billion.
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