Par Pacific Holdings Inc. PARR is set to report third-quarter 2026 results on Nov. 3, after the closing bell.
In the last reported quarter, PARR reported adjusted earnings of $10.10 per share, beating the Zacks Consensus Estimate of $8.20 per share due to strong refining economics and commercial execution.
The refiner’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters and missed it twice, delivering an average surprise of 48.67%. This is depicted in the graph below.
Par Pacific Holdings, Inc. Price and EPS Surprise
Par Pacific Holdings, Inc. Price and EPS Surprise
Par Pacific Holdings, Inc. price-eps-surprise | Par Pacific Holdings, Inc. Quote
Estimate Trend for PARR
The Zacks Consensus Estimate for third-quarter earnings per share (EPS) of $6.57 has seen one downward revision but no upward revision over the past seven days. The estimated figure indicates a 10.4% improvement from the prior-year reported figure.
The Zacks Consensus Estimate for revenues of $2.16 billion implies a 7.5% increase from the year-ago recorded figure.
Factors to Consider for PARR’s Q3 Results
To understand how oil prices behaved in the September quarter, let’s analyze the commodity prices from the data provided by the U.S. Energy Information Administration (“EIA”). The average Cushing, OK, WTI spot prices for July, August and September of this year were $80.46 per barrel, $83.90 per barrel and $97.31 per barrel, respectively, per EIA data. Commodity prices were $68.39 per barrel, $64.86 per barrel and $63.96 per barrel in July, August and September of 2025, respectively, according to the EIA.
A constructive oil-price backdrop, driven by the Iran war, is likely to have hurt Par Pacific’s refining business in the third quarter, since input costs to produce final products like gasoline, diesel fuel and others were higher.
However, the high utilization of refineries in the United States to meet resilient demand is likely to have largely offset the negative impacts of high input costs.
Q3 Earnings Whispers for PARR Stock
Our proven model does not indicate an earnings beat for PARR this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that is not the case here, as you will see below.
Earnings ESP: PARR has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Zacks Rank: Par Pacific currently sports a Zacks Rank #1.
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Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
