PBFX - PBF Logistics posts Q3 results miss

• PBF Logistics ( NYSE: PBFX ), the MLP of PBF Energy, missed both Q3 revenue and EPS expectations on Thursday.
• Q3 GAAP EPS of $0.55 was below street consensus by 6 cents and revenue of $89.57M was nearly $1M lower than analyst estimates.
• Key metrics: Q3 DCF $43.9M vs $46.8M, Adj EBITDA $54.6M (-7% Y/Y).
• PBFX also declared a quarterly distribution of $0.30 per unit,  payable on Nov. 18, 2022, to unitholders of record at close of business on Nov. 7, 2022.
• PBFX up 89.9% this year as of Wednesday's close.
• Shares +2%

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