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.

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  • 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.

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