HF Sinclair Reports Q4 Loss, Misses Expectations
DALLAS, March 9 (Business Wire) -- HF Sinclair Corporation (NYSE: DINO) today announced a net loss of $214 million for the fourth quarter ended December 31, 2023. This equates to a loss of $1.14 per share on a GAAP basis and $1.02 per share on an adjusted basis.
The results fell short of analysts' expectations, with Zacks Investment Research projecting a loss of $0.91 per share. Revenue for the quarter totaled $6.5 billion, also below the $6.94 billion consensus estimate.
For the full year 2023, HF Sinclair reported net income of $177 million, or $0.91 per share, on revenue of $28.58 billion.