HollyFrontier (HFC) Tops Q3 EPS by 31c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/27/2026
Go back to HollyFrontier (HFC) Tops Q3 EPS by 31c
October 31, 2018 6:30 AM EDT
DALLAS--(BUSINESS WIRE)--
HollyFrontier Corporation (NYSE: HFC) (HollyFrontier or the Company)
today reported third quarter net income attributable to HollyFrontier
stockholders of $342.5 million or $1.93 per diluted share for the
quarter ended September30, 2018, compared to $272.0 million or $1.53
per diluted share for the quarter ended September30, 2017.
The third quarter results include a lower of cost or market inventory
valuation adjustment that decreased pre-tax earnings by $17.8 million.
Excluding this item, net income for the current quarter was $350.7
million ($1.98 per diluted share) compared to $202.4 million ($1.14 per
diluted share) for the third quarter of 2017, which excludes certain
items that collectively... More
