Northern Tier Energy Q4 Adjusted Net Income Improves (NTI)

Northern Tier Energy Q4 Adjusted Net Income Improves

Northern Tier Energy (NYSE: NTI ) 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.

link

Jeff Fischer and team have demystified options. And they can rack up income like $1,030... $2,626... and $3,228 on a schedule you can set your watch by!
That's why we're glad to announce every single one of their closely guarded strategies is available to YOU during May and June – 100% FREE, no strings attached! Just enter your email address in the box below...

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.

Report this Comment On March 14, 2013, at 11:32 AM, jad9000 wrote:

They took a $50 million charge to extinguish debt in Q4. This would add $.54 to their earnings, taking them to $1.62. This also means that, going forward, earnings will be above projections.