Genesis Energy: Q1 Earnings Insights

Genesis Energy 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.

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.

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.