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Recap: Adams Resources & Energy Q4 Earnings

Author: Benzinga Insights | March 13, 2024 04:25pm

Adams Resources & Energy (AMEX:AE) reported its Q4 earnings results on Wednesday, March 13, 2024 at 04:05 PM.

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

Earnings

Adams Resources & Energy beat estimated earnings by 138.0%, reporting an EPS of $0.03 versus an estimate of $-0.08.

Revenue was down $37.97 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.87 which was followed by a 3.0% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.15 -0.55 0.34 0.88
EPS Actual -0.72 -0.23 -0.55 -0.85
Revenue Estimate 683.08M 664.88M 668.33M 801.89M
Revenue Actual 760.61M 624.77M 650.16M 747.72M

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.

Posted In: AE

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