Northern Tier Energy Q4 Adjusted Net Income Improves
Mar 14th 2013 10:34AM
Updated Mar 14th 2013 10:52AM
Northern Tier Energy has reported Q4 results, showing a top line of $1.2 billion, up from the $1.1 billion in the same period the previous year. Adjusted net income improved over that time span. It was $99.1 million ($1.08 per diluted unit), an improvement over Q4 2011's net loss of $18.1 million.
Analysts had been expecting revenue of $1.1 billion and EPS of $1.45 for the most recent quarter.
For the full year, top line was $4.7 billion, which topped the 2011 figure of $4.3 billion. Adjusted net profit increased greatly, coming in at $283.9 million for the year against 2011's $14.4 million.
Editor's note: A previous version of this article incorrectly characterized the Q4 YOY change in adjusted net income as a decline.
The article Northern Tier Energy Q4 Adjusted Net Income Improves originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Northern Tier Energy. The Motley Fool has no position in Northern Tier Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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