DINO Earnings Prediction
The chart below shows how DINO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DINO sees a +1.38% change in stock price 10 days leading up to the earnings, and a +0.54% change 10 days following the report. On the earnings day itself, the stock moves by -1.43%. This data can give you a slight idea of what to expect for the next quarter's release.
DINO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
7.21B
-19.07%
-8.14%
Gross Margin
8.84%
-56.71%
-22.32%
Operating Margin
-1.54%
-112.73%
-161.11%
Net Margin
-1.03%
-111.12%
-152.55%
EPS
-0.40
-109.46%
-150.63%
No Data Available
DINO Earnings Analysis
HF Sinclair Corporation Corporation (DINO.N) Earnings Conference Call
Positive
Shareholder Return Commitment: 1. Strong Cash Returns: HF Sinclair returned $222 million to shareholders in Q3 2024 through share repurchases and dividends, demonstrating a commitment to shareholder returns.
Record Jet Production Achievement: 2. Record Jet Production: The company achieved a quarterly record for jet production across its fleet, highlighting operational efficiency and strong demand in this segment.
Record Renewable Diesel Sales: 3. Increased Renewable Diesel Sales: HF Sinclair set a record for the highest quarterly sales volumes of renewable diesel, reaching 69 million gallons, up from 55 million gallons in Q3 2023.
Marketing Segment Expansion: 4. Growth in Marketing Segment: The company added 22 net new branded sites in Q3 2024, contributing to a year-to-date total of 46 new branded sites, supporting its growth strategy.
Midstream Segment Growth: 5. Improved Midstream Performance: The Midstream segment reported adjusted EBITDA of $112 million in Q3 2024, an increase from $101 million in the same period last year, driven by higher revenues from increased volumes and tariffs.
Negative
Net Loss Decline: 1. Significant Net Loss: HF Sinclair reported a net loss attributable to shareholders of $76 million, or negative $0.40 per diluted share, reflecting a stark decline from an adjusted net income of $760 million, or $4.06 per diluted share, in Q3 2023.
EBITDA Decline Analysis: 2. Dramatic EBITDA Decline: Adjusted EBITDA for Q3 2024 was $316 million, a substantial drop from $1.2 billion in the same quarter last year, indicating severe operational challenges.
Refining Segment Decline: 3. Refining Segment Struggles: The Refining segment's adjusted EBITDA plummeted to $110 million from $1 billion year-over-year, primarily due to lower refinery gross margins amid high global supply.
Decline in Renewables EBITDA: 4. Weak Performance in Renewables: The Renewables segment's adjusted EBITDA decreased to $2 million from $5 million in Q3 2023, attributed to lower indicator margins despite increased sales volumes.
Lubricants Segment EBITDA Decline: 5. Lubricants Segment FIFO Headwinds: The Lubricants and Specialties segment reported a decline in EBITDA to $76 million from $118 million year-over-year, primarily due to a $27 million FIFO charge from high-priced feedstock consumption.
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DINO Earning Call Sentiment
HF Sinclair Corporation (DINO) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
DINO.N
1.07%Positive
The earnings report shows a significant decline in key financial metrics, including net income and EBITDA, indicating weak financial performance. The Q&A section reveals management's reluctance to provide specific guidance on cost reductions and refining capture rates, raising concerns. Despite some positive operational updates, the overall sentiment is negative due to declining margins and financial results. The lack of clear guidance and missed earnings expectations suggest a negative stock price reaction in the near term.
