PARSIPPANY, N.J. (AP) _ PBF Energy Inc. (PBF) on Friday reported second-quarter net income of $389.1 million, after reporting a loss in the same period a year earlier.

The Parsippany, New Jersey-based company said it had profit of $3.23 per share. Losses, adjusted for non-recurring gains, came to $3.19 per share.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of $3.03 per share.

The refiner posted revenue of $2.52 billion in the period.

PBF Energy shares have decreased 73% since the beginning of the year. The stock has dropped 71% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBF at https://www.zacks.com/ap/PBF

Automated Insights, source Associated Press News