Adams Resources & Energy: Q1 Earnings Insights

Adams Resources & Energy AE reported its Q1 earnings results on Monday, May 16, 2022 at 04:00 PM.

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

Adams Resources & Energy missed estimated earnings by 175.0%, reporting an EPS of $-0.24 versus an estimate of $0.32.

Revenue was up $448.75 million from the same period last year.

Last quarter the company missed on EPS by $0.4 which was followed by a 5.26% drop in the share price the next day.

Here's a look at Adams Resources & Energy's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.04	0.75	-0.01	0.58
EPS Actual	0.64	0.41	0.44	-0.61
Revenue Estimate	622.17M	523.95M	336.50M	325.49M
Revenue Actual	644.79M	568.18M	486.74M	325.49M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Adams Resources & 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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