Adams Resources & Energy: Q1 Earnings Insights

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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.

Earnings

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.

Past Earnings Performance

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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