Par Petroleum (PARR) Beats Q4 Earnings Estimates

Par Petroleum (PARR) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 25.71%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $0.27 per share when it actually produced earnings of $0.12, delivering a surprise of -55.56%.

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