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HollyFrontier: 4Q Earnings Snapshot

DALLAS (AP) _ HollyFrontier Corp. (HFC) on Wednesday reported fourth-quarter net income of $141.9 million.

On a per-share basis, the Dallas-based company said it had profit of 81 cents. Earnings, adjusted for non-recurring costs, came to $2.25 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share.

The independent energy company posted revenue of $4.34 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $5.86 billion.

For the year, the company reported profit of $1.1 billion, or $6.19 per share. Revenue was reported as $17.71 billion.

HollyFrontier shares have climbed 13 percent since the beginning of the year. The stock has increased 24 percent in the last 12 months.

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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 HFC at https://www.zacks.com/ap/HFC