March 14, 2013
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.