Recap: Genesis Energy Q1 Earnings

Genesis Energy GEL reported its Q1 earnings results on Thursday, May 4, 2023 at 06:00 AM.

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

Genesis Energy missed estimated earnings by 261.54%, reporting an EPS of $-0.21 versus an estimate of $0.13.

Revenue was up $158.66 million from the same period last year.

Last quarter the company beat on EPS by $0.15 which was followed by a 2.91% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0	0.02	-0.10	-0.36
EPS Actual	0.15	-0.12	-0.19	-0.20
Revenue Estimate	569.60M	550.37M	525.40M	509.37M
Revenue Actual	714.04M	721.25M	721.73M	631.95M

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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