Recap: Energy Transfer Q1 Earnings

Energy Transfer ET reported its Q1 earnings results on Tuesday, May 2, 2023 at 04:10 PM.

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

Energy Transfer missed estimated earnings by 15.79%, reporting an EPS of $0.32 versus an estimate of $0.38.

Revenue was down $1.50 billion from the same period last year.

Last quarter the company missed on EPS by $0.04 which was followed by a 0.68% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.38	0.37	0.35	0.32
EPS Actual	0.34	0.29	0.39	0.37
Revenue Estimate	23.81B	24.04B	20.40B	18.76B
Revenue Actual	20.50B	22.94B	25.95B	20.49B

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

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

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