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PBF Energy: Q4 Earnings Snapshot

PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — PBF Energy Inc. (PBF) on Thursday reported fourth-quarter net income of $78.4 million.

On a per-share basis, the Parsippany, New Jersey-based company said it had net income of 66 cents. Earnings, adjusted for non-recurring gains, came to 49 cents per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.

The refiner posted revenue of $7.14 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $6.98 billion.

For the year, the company reported a loss of $158.5 million, or $1.39 per share. Revenue was reported as $29.33 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBF at https://www.zacks.com/ap/PBF

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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