Adams Resources & Energy: Q2 Earnings Insights

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Adams Resources & Energy AE reported its Q2 earnings results on Thursday, August 11, 2022 at 04:00 PM.

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

Earnings

Adams Resources & Energy beat estimated earnings by 11.29%, reporting an EPS of $0.69 versus an estimate of $0.62.

Revenue was up $505.31 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.56 which was followed by a 0.38% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.32 1.04 0.75 -0.01
EPS Actual -0.24 0.64 0.41 0.44
Revenue Estimate 624.46M 622.17M 523.95M 336.50M
Revenue Actual 774.25M 644.79M 568.18M 486.74M

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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