PARSIPPANY, N.J. (AP) _ PBF Energy Inc. (PBF) on Thursday reported a third-quarter loss of $417.2 million, after reporting a profit in the same period a year earlier.
The Parsippany, New Jersey-based company said it had a loss of $3.49 per share. Losses, adjusted for non-recurring costs, were $2.87 per share.
The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $2.57 per share.
The refiner posted revenue of $3.67 billion in the period.
The company's shares closed at $4.27. A year ago, they were trading at $32.98.
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
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