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Genesis Energy: Q1 Earnings Insights

 

Genesis Energy (NYSE:GEL) reported its Q1 earnings results on Wednesday, May 4, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Genesis Energy beat estimated earnings by 44.44%, reporting an EPS of $-0.2 versus an estimate of $-0.36.

Revenue was up $110.73 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.63 which was followed by a 3.32% drop in the share price the next day.

Here's a look at Genesis Energy's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.08 -0.04 0 -0.07
EPS Actual -0.71 -0.32 -0.49 -0.43
Revenue Estimate 515.46M 402.75M 367.46M 409.92M
Revenue Actual 581.58M 518.82M 503.86M 521.22M

To track all earnings releases for Genesis Energy visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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